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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.
Quantity I: Raj and Ravi starts a business with initial capital of ₹4800 and ₹5400 respectively at the end of 6 month Raj increases his investment by 25% while Ravi withdraw 20% of his initial investment then what is profit share of Ravi out of total profit of ₹71250?
Quantity II: What is the initial sum for which CI is ₹486 more than SI at the rate of 12% per annum in two years?
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or the relation can't be determined.
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
In the following questions, two statements numbered I and II are give...
Quantity I:
Capital investment of Raj = (4800 x 6) + (4800 125/100 × 6) = 64800
Capital investment of Ravi = (5400 x 6) + (5400 × 80/100 × 6) = 58320
Ratio of investment of Raj to Ravi = 64800:58320
Ratio of investment of Raj to Ravi = 10:9
Total profit = ₹71250
Profit share of Ravi = 71250 × 9/19 = ₹33750
Quantity II:
Difference of CI to SI for two years
CI - SI = P × (R/100)2
P × (12/100)2 = 486
P = (4860000/144) = 33750
Thus, initial sum = ₹33750
Hence, Quantity I = Quantity II
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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.Quantity I: Raj and Ravi starts a business with initial capital of ₹4800 and ₹5400 respectively at the end of 6 month Raj increases his investment by 25% while Ravi withdraw 20% of his initial investment then what is profit share of Ravi out of total profit of ₹71250?Quantity II: What is the initial sum for which CI is ₹486 more than SI at the rate of 12% per annum in two years?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or the relation can't be determined.Correct answer is option 'E'. Can you explain this answer?
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