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In the following question, two statements numbered I and II are given. On solving them we get two quantities, quantity I and quantity II respectively. Solve for both quantities and choose the correct option.
Akhil, Bharti and Chatur entered into a partnership and invested Rs 3000, Rs 4000 and Rs 6000 respectively.
Quantity I: After 8 months Akhil invested Rs 1000 more, Bharti withdrew Rs 1000 and Chatur withdrew Rs 2000. If the profit at the end of the year was Rs 74,000, what is the difference between the values of Chatur's and Akhil's share?
Quantity II: Rs 10,000
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or a relation can't be established.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In the following question, two statements numbered I and II are given...
Profit will be distributed in the ratio
(3000×8+4000×4):(4000×8+3000×4):(6000×8+4000×4)
= 10:11:16
Difference between the values of Chatur's and Akhil's share
= (16/37-10/37)×74000 = Rs 12,000
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In the following question, two statements numbered I and II are given. On solving them we get two quantities, quantity I and quantity II respectively. Solve for both quantities and choose the correct option.Akhil, Bharti and Chatur entered into a partnership and invested Rs 3000, Rs 4000 and Rs 6000 respectively.Quantity I: After 8 months Akhil invested Rs 1000 more, Bharti withdrew Rs 1000 and Chatur withdrew Rs 2000. If the profit at the end of the year was Rs 74,000, what is the difference between the values of Chatur's and Akhil's share?Quantity II: Rs 10,000a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or a relation can't be established.Correct answer is option 'A'. Can you explain this answer?
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In the following question, two statements numbered I and II are given. On solving them we get two quantities, quantity I and quantity II respectively. Solve for both quantities and choose the correct option.Akhil, Bharti and Chatur entered into a partnership and invested Rs 3000, Rs 4000 and Rs 6000 respectively.Quantity I: After 8 months Akhil invested Rs 1000 more, Bharti withdrew Rs 1000 and Chatur withdrew Rs 2000. If the profit at the end of the year was Rs 74,000, what is the difference between the values of Chatur's and Akhil's share?Quantity II: Rs 10,000a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or a relation can't be established.Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about In the following question, two statements numbered I and II are given. On solving them we get two quantities, quantity I and quantity II respectively. Solve for both quantities and choose the correct option.Akhil, Bharti and Chatur entered into a partnership and invested Rs 3000, Rs 4000 and Rs 6000 respectively.Quantity I: After 8 months Akhil invested Rs 1000 more, Bharti withdrew Rs 1000 and Chatur withdrew Rs 2000. If the profit at the end of the year was Rs 74,000, what is the difference between the values of Chatur's and Akhil's share?Quantity II: Rs 10,000a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or a relation can't be established.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the following question, two statements numbered I and II are given. On solving them we get two quantities, quantity I and quantity II respectively. Solve for both quantities and choose the correct option.Akhil, Bharti and Chatur entered into a partnership and invested Rs 3000, Rs 4000 and Rs 6000 respectively.Quantity I: After 8 months Akhil invested Rs 1000 more, Bharti withdrew Rs 1000 and Chatur withdrew Rs 2000. If the profit at the end of the year was Rs 74,000, what is the difference between the values of Chatur's and Akhil's share?Quantity II: Rs 10,000a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or a relation can't be established.Correct answer is option 'A'. Can you explain this answer?.
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