New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

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

    2500 and Rs. (x + 500), respectively. If the profit earned after 5 years is Rs. 8000 and share of A is Rs. 4000, then find the value of x.
    A 1650 Correct Answer Incorrect Answer
    B 2000 Correct Answer Incorrect Answer
    C 1500 Correct Answer Incorrect Answer
    D 1700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of share of profit of A : B = 2500: (x + 500) So, {2500/(x + 3000)} × 8000 = 4000 => 5000 = x + 3000 => x = 2000

    Practice Next

    Relevant for Exams: