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