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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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?
  • a)
    Rs.1240
  • b)
    Rs.1270
  • c)
    Rs.1250
  • d)
    Rs.1280
  • e)
    Rs.1300
Correct answer is option 'D'. 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, 9a-7a = 2000
2a = 2000
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, 7b = (1/2) × 7000 = 3500
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
Share of Ambani = (32/136) × 5440 = 32 × 40 = Rs.1280
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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.The total initial investment of all the given four persons together was Rs.27000 and the ratio of amount withdrew by Premji at the end of 1st year to the additional investment by Ambani at the end of 1st year is 1:2. If the additional investment of Hinduja at the end of 1st year is 75% more than the amount withdrew by him at the end of 2nd year and additional investment of Ambani at the end of 3rd year was half of his investment at the end of 1st year also amount withdrew by Mittal at the end of 3rd year is equal to the additional investment of Premji at the end of 3rd year, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 5 years?

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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. Can you explain this answer?
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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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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.
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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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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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 initial investment of Premji was Rs.2000 more than the initial investment of Hinduja and additional investment of Hinduja after 1st year was the half of his initial investment, then what is the share of Ambani in the total profit of Rs.5440 at the end of two years?a)Rs.1240b)Rs.1270c)Rs.1250d)Rs.1280e)Rs.1300Correct answer is option 'D'. 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