New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    A and B invests Rs. (X-1200) and (X+1800) in a business

    respectively. Investment period of both of them was same. If the total profit is Rs. Y and profit share of B is 8Y/11, then find the value of X.
    A 3500 Correct Answer Incorrect Answer
    B 3200 Correct Answer Incorrect Answer
    C 3000 Correct Answer Incorrect Answer
    D 3550 Correct Answer Incorrect Answer
    E 3320 Correct Answer Incorrect Answer

    Solution

    ATQ: => (X + 1800)/(X – 1200 + X + 1800) = 8Y/11Y => (X + 1800)/(2X + 600) = 8/11 => 11(X + 1800) = 8(2X + 600) => 11X + 19800 = 16X + 4800 => 5X = 15000 => X = 3000

    Practice Next

    Relevant for Exams: