New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Ankit and Bhupesh invested a

    certain amount for 5 months and 7 months respectively. The ratio of the profits earned by Ankit to those earned by Bhupesh is 20:21. If their combined investment totals Rs. 14,000, determine the amount invested by Ankit.
    A Rs. 6000 Correct Answer Incorrect Answer
    B Rs. 8000 Correct Answer Incorrect Answer
    C Rs. 8500 Correct Answer Incorrect Answer
    D Rs. 7000 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of the investment of Ankit and Bhupesh = 20/5:21/7 = 4:3 Therefore, sum invested by Ankit = 14000 × 4/7 = Rs. 8000

    Practice Next

    Relevant for Exams: