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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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.
  • a)
    4400 less
  • b)
    4000 more
  • c)
    4000 less
  • d)
    Cannot be determined
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Direction: Read the following information and answer the question giv...
Let profit received by Ambani, Premaji, Hinduja and Mittal be 5a, 9a, 7a and 6a respectively.
Profit received by Ambani = 5a/27a × 27000 = 5000
Profit received by Premaji = 9a/27a × 27000 = 9000
So, the profit received by Ambani is 4000 Rs less than the profit received by Premaji.
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Most Upvoted Answer
Direction: Read the following information and answer the question giv...
Solution:

Initial Investments:
- Ambani: 5x
- Premji: 9x
- Hinduja: 7x
- Mittal: 6x

Profit Sharing after 1st Year:
- Total profit = 27000
- Profit ratio = Initial investments ratio
- Ambani's profit = 27000 * 5/27 = 5000
- Premji's profit = 27000 * 9/27 = 9000

Investments after 1st Year:
- Hinduja: 7y
- Ambani: 12y
- Mittal: 15y

Additional Investments after 2nd Year:
- Ambani: 3z
- Premji: 9x

Profit Sharing after 3rd Year:
- Ambani: 5x + 12y + 3z
- Premji: 9x + 9x
- Hinduja: 7x + 7y
- Mittal: 6x + 15y
Calculating the profits of Ambani and Premji after the 3rd year would involve complex calculations and the exact amounts cannot be determined based on the information provided. Therefore, the profit received by Ambani compared to Premji cannot be determined accurately.
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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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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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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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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 total profit received by 4 persons at the end of 1st year is 27000 then find by what amount profit received by Ambani is more/less than profit received by Premaji.a)4400 lessb)4000 morec)4000 lessd)Cannot be determinede)None of theseCorrect answer is option 'C'. 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