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    Question

    "Abhinav" and "Pankaj" launched a business venture with

    investments of Rs. 1400 and Rs. 2100, respectively. The ratio of the time for which "Abhinav" and "Pankaj" invested their capital is 4:3, respectively. If their joint profit amounts to Rs. 3400, calculate "Pankaj's" share of the profit from the total.
    A Rs.1832 Correct Answer Incorrect Answer
    B Rs.1800 Correct Answer Incorrect Answer
    C Rs.1600 Correct Answer Incorrect Answer
    D Rs.2500 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the time of investment of ‘Abhinav’ and ‘Pankaj’ be ‘4a’ years and ‘3a’ years, respectively Ratio of profits received by ‘Abhinav’ and ‘Pankaj’ = (1400 × 4a):(2100 × 3a) = 8:9 Profit share of ‘Pankaj’ = 3400 × {9/(8 + 9)}  = Rs.1800

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