New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    ‘A’ and ‘B’ invested Rs. 5000 and Rs. 4200, respectively in a business, together. After 6 months, ‘A’ withdrew 35% of his initial investment. If the total profit received by them after 1 year and 2 months is Rs.8651, then find the profit received by ‘A’.

    A Rs.4485 Correct Answer Incorrect Answer
    B Rs.4725 Correct Answer Incorrect Answer
    C Rs.4220 Correct Answer Incorrect Answer
    D Rs.4164 Correct Answer Incorrect Answer

    Solution

    Ratio of the profits received by ‘A’ to ‘B’ => {(5000 × 6) + (3250 × 8)}:(4200 × 14) = 20:21 Therefore, profit received by ‘A’ = 8651 × (20/41) = Rs.4220

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