Quant Exam > Quant Questions > Pinkey and Shalini invested some amount of mo...
Start Learning for Free
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?
- a)49800
- b)49400
- c)48000
- d)49500
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Pinkey and Shalini invested some amount of money in the ratio of 3:5 f...
Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
Most Upvoted Answer
Pinkey and Shalini invested some amount of money in the ratio of 3:5 f...
Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
Free Test
FREE
| Start Free Test |
Community Answer
Pinkey and Shalini invested some amount of money in the ratio of 3:5 f...
Given: Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business.
Let the amount invested by Pinkey and Shalini be 3x and 5x respectively.
They decided that at the end of the year 20% profit was to be given to an organization as a donation.
Let the total profit be P.
Amount donated = 20% of P = 0.2P
Remaining profit = P - 0.2P = 0.8P
Out of the remaining, 75% was to be reinvested.
Amount reinvested = 75% of 0.8P = 0.6P
Rest of the profit was to be divided as interest on their capitals.
Remaining profit = 0.2P
Ratio of investment = 3:5
Ratio of profit share = 3x:5x
Difference in their share = 5x - 3x = 2x = Rs. 2400
x = Rs. 1200
Total investment = 3x + 5x = 8x = Rs. 9600
Total profit = P = 0.8P + 0.2P = 9600*0.6 + 9600*0.2 = Rs. 4800 + Rs. 1920 = Rs. 6720
Option C (48000) is the correct answer.
Let the amount invested by Pinkey and Shalini be 3x and 5x respectively.
They decided that at the end of the year 20% profit was to be given to an organization as a donation.
Let the total profit be P.
Amount donated = 20% of P = 0.2P
Remaining profit = P - 0.2P = 0.8P
Out of the remaining, 75% was to be reinvested.
Amount reinvested = 75% of 0.8P = 0.6P
Rest of the profit was to be divided as interest on their capitals.
Remaining profit = 0.2P
Ratio of investment = 3:5
Ratio of profit share = 3x:5x
Difference in their share = 5x - 3x = 2x = Rs. 2400
x = Rs. 1200
Total investment = 3x + 5x = 8x = Rs. 9600
Total profit = P = 0.8P + 0.2P = 9600*0.6 + 9600*0.2 = Rs. 4800 + Rs. 1920 = Rs. 6720
Option C (48000) is the correct answer.
|
Explore Courses for Quant exam
|
|
Similar Quant Doubts
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer?
Question Description
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?a)49800b)49400c)48000d)49500e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Quant tests.
|
|
Explore Courses for Quant exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup