Question

    A invested Rs X in a scheme. After 6 months, B joined with Rs 1000 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7. Find the value of X.

    A Rs. 2000 Correct Answer Incorrect Answer
    B Rs. 8000 Correct Answer Incorrect Answer
    C Rs. 4000 Correct Answer Incorrect Answer
    D Rs. 8400 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit of B/Total Profit = 3/7 = ((X +1000 )×6)/(X × 12 + (X +1000 ) × 6)
    9X + 3000 = 7X + 7000
    2X = 4000
    X = 2000

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