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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?
  • a)
    157: 128: 82: 97
  • b)
    158: 129: 82: 97
  • c)
    158: 128: 83: 97
  • d)
    158: 128: 82: 97
  • e)
    158: 128: 82: 99
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,
(5a +9a +7a+6a) = 27000
27a = 500
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,
Amount withdrawn by Premji at the end of 1st year = 9000-6000 = 3000
Amount withdrawn by Premji at the end of 1st year : 12b = 1:2
3000 :12b = 1:2
12b = 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.
Additional investment of Ambani after 2nd year = (100/75) × 6000 = Rs.8000
Additional investment of Premji after 2nd year = 9000
Let amounts withdrawn by Hinduja and Mittal after 2nd year be 4c and 5c respectively.
4c = (100/175)×3500 = 2000
c = 500
Amounts withdrawn by Hinduja and Mittal after 2nd year are Rs.2000 and Rs.2500 respectively.
So, investments of Ambani, Premji, Hinduja and Mittal for 3rd year Rs.19000, Rs.15000, Rs.8500 and Rs.11000 respectively.
Let the additional investments of Ambani and Premji at the end of 3rd year be 3d and 2d
3d = (1/2)×6000 = 3000
d = 1000
Additional investments of Ambani and Premji at the end of 3rd year Rs.3000 and Rs.2000 respectively.
Amount withdrawn by Mittal at the end of 3rd year= 2000
Amount withdrawn by Hinduja at the end of 3rd year : Amount withdrawn by Mittal at the end of 3rd year = 1:2
Amount withdrawn by Hinduja at the end of 3rd year : 2000 = 1:2
Amount withdrawn by Hinduja at the end of 3rd year = 1000
So, investments of Ambani, Premji, Hinduja and Mittal for 4th and 5th years are Rs.22000, Rs.17000, Rs.7500 and Rs.9000 respectively.
Ratio of investments of Ambani, Premji, Hinduja and Mittal considering time as well
= (5000 +11000 +19000 + 2 × 22000): (9000 +6000 +15000 + 2 × 17000): (7000 +10500 +8500 + 2 × 7500): (6000 +13500 +11000 + 2 × 9000)
= 790: 640:
= 158: 128: 82: 97
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Most Upvoted Answer
Direction: Read the following information and answer the question giv...
Initial Investments and Withdrawals:
- Initial investments ratio: 5:9:7:6
- Total initial investment: Rs. 27000
- Let the initial investments be 5x, 9x, 7x, and 6x respectively

Investments and Withdrawals after 1st Year:
- Premji withdrew 33(1/3)% of his initial investment
- Ratio of additional investments by Hinduja, Ambani, and Mittal: 7:12:15
- Additional investment of Ambani after 1st year was 75% of his additional investment after 2nd year
- Premji's additional investment after 2nd year was equal to his initial investment
- Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5 after 2nd year

Investments and Withdrawals after 3rd Year:
- Ratio of additional investments of Ambani and Premji: 3:2
- Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 after 2nd year
- Additional investment of Ambani at the end of 3rd year was half of his investment at the end of 1st year
- Amount withdrew by Mittal at the end of 3rd year is equal to the additional investment of Premji at the end of 3rd year

Profit Sharing at the end of 5 years:
- Calculate the final investments of each person after 5 years
- Calculate the profit sharing ratio based on the total investments at the end of 5 years
Therefore, based on the given information and calculations, the ratio in which Ambani, Premji, Hinduja, and Mittal will share the profit at the end of 5 years is 158:128:82:97 (option D).
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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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct 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.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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct 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.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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct 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.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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. Can you explain this answer?.
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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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. 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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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. 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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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. 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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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. 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.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?a)157: 128: 82: 97b)158: 129: 82: 97c)158: 128: 83: 97d)158: 128: 82: 97e)158: 128: 82: 99Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
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