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

    Question

    ‘X’ and ‘Y’ invested Rs. 6000 and Rs. 7500

    respectively for 10 months and 8 months respectively in a business. X gave away 60% of his profit to a welfare fund and was left with Rs. 2160. Find the total profit earned by both.
    A 11052 Correct Answer Incorrect Answer
    B 10800 Correct Answer Incorrect Answer
    C 16582 Correct Answer Incorrect Answer
    D 12052 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Profit ratio of X and Y = 6000 × 10 : 7500 × 8 = 60000 : 60000 = 1 : 1

    X’s actual profit = 2160 / 0.40 = Rs. 5400

    Total profit = 5400 × 2 = Rs. 10800

    Practice Next