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

    Question

    Anshul and Amar together started a business by investing

    Rs. 30,000 and Rs. 36,000, respectively. Six months later, Amar joined them by investing Rs. ‘X’. If at the end of the year, profit earned by Amar is 40% less than that by ‘Anshul’, then find the value of ‘X’.
    A 34000 Correct Answer Incorrect Answer
    B 36000 Correct Answer Incorrect Answer
    C 33000 Correct Answer Incorrect Answer
    D 36500 Correct Answer Incorrect Answer
    E 36800 Correct Answer Incorrect Answer

    Solution

    Ratio of profit shares of Anshul and Amar = (30000 × 12):(X × 6) = 60000:X Also, let profit share of Anshul be Rs. ‘a’ Therefore, profit share of Anshul = 0.60 × a = Rs. ‘0.6a’ Ratio of profit shares of Anshul and Amar = (a):(0.6a) = 5:3 ATQ; (60000/X) = (5/3) Or, 5X = 3 × 60000 Or, X = (180000/5) So, X = 36000

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