ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Puneet invested Rs. 28,000 for 4.5 years, while Qureshi

    invested Rs. 8,000 more than Puneet for a duration of 3.5 years in a business. If their combined profit is Rs. 46,574, what is Puneet's share of the profit?
    A Rs.23287 Correct Answer Incorrect Answer
    B Rs.20287 Correct Answer Incorrect Answer
    C Rs.23587 Correct Answer Incorrect Answer
    D Rs.13287 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of the profits received by тАШPuneetтАЩ and тАШQureshiтАЩ = (28000 ├Ч 4.5):(36000 ├Ч 3.5) = 1:1 Therefore, profit share of тАШPuneetтАЩ = 46574/2 = Rs.23287

    Practice Next
    More Simple and compound interest Questions
    ask-question