New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    ‘A’ and ‘B’ invested Rs. 4800 and Rs. 3600,

    respectively in a business, together. After 6 months, ‘A’ withdrew 25% of his initial investment. If the total profit received by them after 1 year and 2 months is Rs.6975, 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
    E Rs.5428 Correct Answer Incorrect Answer

    Solution

    Ratio of the profits received by ‘A’ to ‘B’ => {(4800 × 6) + (3600 × 8)}:(3600 × 14) = 8:7 Therefore, profit received by ‘A’ = 6975 × (8/15) = Rs.3720

    Practice Next