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There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who invested money in some business in the ratio of 1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 and the duration for which they invested the money is in the ratio of 12 : 11 : 10 : 9 : 8 : 7 : 6 : 5 : 4 : 3 : 2 : 1 respectively. Who will get the maximum benefit at the end of the year?
  • a)
    F only
  • b)
    G only
  • c)
    Both F and G
  • d)
    E only
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who investe...
Ratio in which the profit will be shared = Investment × Time for which investment was made
⇒ (1 × 12) : (2 × 11) : (3 × 10) : (4 × 9) : (5 × 8) : (6 × 7) : (7 × 6) : (8 × 5) : (9 × 4) : (10 × 3) : (11 × 2) : (12 × 1)
⇒ 12 : 22 : 30 : 36 : 40 : 42 : 42 : 40 : 36 : 30 : 22 : 12
Here we can see that shares of both F and G in the profit will be maximum.
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There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who invested money in some business in the ratio of 1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 and the duration for which they invested the money is in the ratio of 12 : 11 : 10 : 9 : 8 : 7 : 6 : 5 : 4 : 3 : 2 : 1 respectively. Who will get the maximum benefit at the end of the year?a)F onlyb)G onlyc)Both F and Gd)E onlyCorrect answer is option 'C'. Can you explain this answer?
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There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who invested money in some business in the ratio of 1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 and the duration for which they invested the money is in the ratio of 12 : 11 : 10 : 9 : 8 : 7 : 6 : 5 : 4 : 3 : 2 : 1 respectively. Who will get the maximum benefit at the end of the year?a)F onlyb)G onlyc)Both F and Gd)E onlyCorrect answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who invested money in some business in the ratio of 1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 and the duration for which they invested the money is in the ratio of 12 : 11 : 10 : 9 : 8 : 7 : 6 : 5 : 4 : 3 : 2 : 1 respectively. Who will get the maximum benefit at the end of the year?a)F onlyb)G onlyc)Both F and Gd)E onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for There are 12 friends A, B, C, D, E, F, G, H, I, J, K and L who invested money in some business in the ratio of 1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 and the duration for which they invested the money is in the ratio of 12 : 11 : 10 : 9 : 8 : 7 : 6 : 5 : 4 : 3 : 2 : 1 respectively. Who will get the maximum benefit at the end of the year?a)F onlyb)G onlyc)Both F and Gd)E onlyCorrect answer is option 'C'. Can you explain this answer?.
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