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    Question

    β€˜X’ and β€˜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 Γ— 10 : 7500 Γ— 8 = 60000 : 60000 = 1 : 1

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

    Total profit = 5400 Γ— 2 = Rs. 10800

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