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Direction: Read the following information and answer the question given below.
- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.
- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.
- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.
- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.
If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?
  • a)
    34: 31: 37: 41
  • b)
    32: 30: 35: 39
  • c)
    41: 30: 37: 39
  • d)
    31: 30: 37: 39
  • e)
    21: 30: 37: 39
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Direction: Read the following information and answer the question giv...
Let the initial investments of Ambani, Premji, Hinduja and Mittal be 5a,9a,7a and 6a
We, know that (5a +9a +7a +6a)/4 = 6750
27a = 27000
a = 1000
So, investments of Ambani, Premji, Hinduja and Mittal for first year Rs.5000, Rs.9000, Rs.7000 and Rs.6000 respectively.
After 1st year Premji withdrew 33(1/3)% of his initial investment.
Investment of Premji for 2nd year = (2/3) × 9000 = 6000
Let the additional investments of Hinduja, Ambani and Mittal after 1st year be 7b,12b and 15b respectively,
But 12b = 1.2 × 5000 = 6000
b = 500
So, additional investments of Hinduja, Ambani and Mittal after 1st year are Rs.3500,Rs.6000 and Rs.7500
So, investments of Ambani, Premji, Hinduja and Mittal for 2nd year Rs.11000, Rs.6000, Rs.10500 and Rs.13500 respectively.
Ratio of investments of Ambani, Premji, Hinduja and Mittal considering time as well
= (5000 +11000): (9000 +6000): (7000 +10500): (6000 +13500)
= 160: 150: 175: 195 = 32: 30: 35: 39
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Most Upvoted Answer
Direction: Read the following information and answer the question giv...
Initial Investments:
- Given ratio of initial investments: 5:9:7:6
- Average initial investment = Rs.6750
- Total initial investments = 5x + 9x + 7x + 6x = 27x
- Average initial investment = Total initial investments / 4 = 6750
- Therefore, x = 6750 * 4 / 27 = 1000

Investment After 1st Year:
- Premji withdrew 33(1/3)% of his initial investment
- Premji's investment after 1 year = 9x - 1/3 * 9x = 6x
- Hinduja, Ambani, and Mittal invested additional amounts in the ratio 7:12:15
- Let the additional amounts invested be 7y, 12y, 15y

Additional Investments after 2nd Year:
- Ambani's additional investment after 1st year = 5x * 120% = 6x
- Ambani's additional investment after 2nd year = 6x * 75% = 4.5x
- Premji's additional investment after 2nd year = 9x
- Hinduja and Mittal withdrew investments in the ratio 4:5

Investment after 3rd Year:
- Ratio of additional investments of Ambani and Premji after 3rd year = 3:2
- Hinduja and Mittal withdrew parts of their investments in the ratio 1:2

Profit Sharing Ratio at the end of 2nd Year:
- Calculate the total investments after 2 years for each person
- Find the profit-sharing ratio based on the investments at the end of the 2nd year
- Ambani: 5x + 6x + 4.5x = 15.5x
- Premji: 6x + 9x = 15x
- Hinduja: 7x + 7y + 4z
- Mittal: 6x + 15y + 5z
- Calculate the ratios of total investments after 2 years and find the profit-sharing ratio.
- The ratio will be 32:30:35:39
Therefore, the profit-sharing ratio at the end of the 2nd year will be 32:30:35:39.
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Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer?
Question Description
Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. 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 Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. 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Besides giving the explanation of Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.If the average initial investment of all the four persons is Rs.6750 and the additional investment of Ambani after 1st year was 20% more than his initial investment, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 2nd year?a)34: 31: 37: 41b)32: 30: 35: 39c)41: 30: 37: 39d)31: 30: 37: 39e)21: 30: 37: 39Correct answer is option 'B'. 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