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

    Register

    Question

    A and B together start a business with investment of Rs.

    1600 and Rs. (x + 600), respectively. If the profit earned after 5 years is Rs. 6000 and share of A is Rs. 2500, then find the value of x.
    A 1000 Correct Answer Incorrect Answer
    B 1640 Correct Answer Incorrect Answer
    C 1900 Correct Answer Incorrect Answer
    D 2200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of share of profit of A : B = 1600: (x + 600) So, {1600/(x + 2200)} × 6000 = 2500 => 3840 = x + 2200 => x = 1640

    Practice Next

    Relevant for Exams: