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

    Question

    ‘A’ and ‘B’ invested Rs. 5000 and Rs. 4200,

    respectively in a business, together. After 7 months, ‘A’ withdrew 25% of his initial investment. If the total profit received by them after 1 year and 2 months is Rs.9261, then find the profit received by ‘A’.
    A Rs.4485 Correct Answer Incorrect Answer
    B Rs.4725 Correct Answer Incorrect Answer
    C Rs.3720 Correct Answer Incorrect Answer
    D Rs.3445 Correct Answer Incorrect Answer

    Solution

    Ratio of the profits received by ‘A’ to ‘B’ => {(5000 × 7) + (3750 × 7)}:(4200 × 14) = 25:24 Therefore, profit received by ‘A’ = 9261 × (25/49) = Rs.4725

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