New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Together, Amar and Bhanu invest Rs. 9200 and Rs. 12400

    to launch their firm. Two years later, Bhanu departs from the company, and Chintu, who has invested Rs. 10,800, enters. After four years, the business has made a total profit of Rs. 43,680; next, determine Bhanu's profit. 
    A Rs.13520 Correct Answer Incorrect Answer
    B Rs.13020 Correct Answer Incorrect Answer
    C Rs.13000 Correct Answer Incorrect Answer
    D Rs.23020 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Equivalent investment of Amar = 9200 × 4 = Rs. 36800 Equivalent investment of Bhanu = 12400 × 2 = Rs. 24800 Equivalent investment of Chintu = 10800 × 2 = Rs. 21600 Ratio of profit of Amar, Bhanu, and Chintu = 36800:24800:21600 = 46:31:27 Profit of Bhanu = (31/104) × 43680 = Rs. 13020

    Practice Next

    Relevant for Exams: