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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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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? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about 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? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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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