Question

    Karan and Arjun started a business together with initial investments of Rs. 10000 and Rs. 15000, respectively. After a year, Karan increased his investment by 20% while Arjun decreased his investment by 10%. If at the end of two years, the total profit made was Rs. 20,000, then find the profit share of Karan.

    A Rs.8706.12 Correct Answer Incorrect Answer
    B Rs.8477.65 Correct Answer Incorrect Answer
    C Rs.8511.96 Correct Answer Incorrect Answer
    D Rs.8031.25 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Profit share of Karan to Arjun = (10000 + 1.2 × 10000):(15000 + 0.9 × 15000) = (10000 + 12000):(15000 + 13500) = 22000:28500 = 44:57 Profit share of Karan = (44/101) × 20000 = Rs. 8712.87

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