New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A and B invested ₹50,000 and ₹75,000, respectively,

    in a business. After 6 months, A withdrew ₹10,000, and B added ₹25,000. At the end of the year, they made a profit of ₹84,000. What is A's share of the profit?
    A ₹32,000 Correct Answer Incorrect Answer
    B ₹34,080 Correct Answer Incorrect Answer
    C ₹28,530 Correct Answer Incorrect Answer
    D ₹38,250 Correct Answer Incorrect Answer

    Solution

    A's investment for 6 months = ₹50,000, and for the next 6 months = ₹40,000. B's investment for 6 months = ₹75,000, and for the next 6 months = ₹1,00,000. A's capital = (50,000 × 6 + 40,000 × 6) = ₹5,40,000. B's capital = (75,000 × 6 + 1,00,000 × 6) = ₹10,50,000. A  = 5,40,000:10,50,000 = 18:35. A's share = (18/53) × ₹84,000 ≈ ₹28,530. Ans. c

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