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Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?
- a)Rs. 80000
- b)Rs. 120000
- c)Rs. 100000
- d)Rs. 160000
- e)Can’t be determined.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs...
Let's solve the problem step by step:
Given:
Investment by Babu = Rs. (8x * 18000)
Investment by Ajay = Rs. (4x * 9000)
Total profit = X
1. Find the profit distribution ratio:
Babu's investment / Ajay's investment = (8x * 18000) / (4x * 9000) = 2x / x = 2:1
2. Find the profit share of each:
Total profit = Rs. X
Profit share of Babu = (2 / (2+1)) * X = 2/3 * X
Profit share of Ajay = (1 / (2+1)) * X = 1/3 * X
3. Find the difference in profit share:
Profit share of Babu - Profit share of Ajay = 2/3 * X - 1/3 * X = X/3
Given that profit share of Babu is Rs. 20000 more than that of Ajay:
X/3 = 20000
4. Find the value of X (total profit):
X = 20000 * 3 = 60000
5. Find the total annual profit earned by Babu and Ajay together:
Total annual profit = Babu's profit share + Ajay's profit share
= (2/3) * 60000 + (1/3) * 60000
= 2/3 * 60000 + 20000
= 40000 + 20000
= Rs. 60000
Therefore, the total annual profit earned by Babu and Ajay together is Rs. 60000.
The given options do not match the calculated answer. Hence, the answer cannot be determined from the given options.
Given:
Investment by Babu = Rs. (8x * 18000)
Investment by Ajay = Rs. (4x * 9000)
Total profit = X
1. Find the profit distribution ratio:
Babu's investment / Ajay's investment = (8x * 18000) / (4x * 9000) = 2x / x = 2:1
2. Find the profit share of each:
Total profit = Rs. X
Profit share of Babu = (2 / (2+1)) * X = 2/3 * X
Profit share of Ajay = (1 / (2+1)) * X = 1/3 * X
3. Find the difference in profit share:
Profit share of Babu - Profit share of Ajay = 2/3 * X - 1/3 * X = X/3
Given that profit share of Babu is Rs. 20000 more than that of Ajay:
X/3 = 20000
4. Find the value of X (total profit):
X = 20000 * 3 = 60000
5. Find the total annual profit earned by Babu and Ajay together:
Total annual profit = Babu's profit share + Ajay's profit share
= (2/3) * 60000 + (1/3) * 60000
= 2/3 * 60000 + 20000
= 40000 + 20000
= Rs. 60000
Therefore, the total annual profit earned by Babu and Ajay together is Rs. 60000.
The given options do not match the calculated answer. Hence, the answer cannot be determined from the given options.
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Community Answer
Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs...
Respective ratio of profit share of Babu and Ajay at the end of the year = [(8x + 18000) × 12] : [(4x + 9000) × 12] = 2:1
Let annual profit share of Babu and Ajay be Rs. 2p and Rs. p, respectively.
ATQ;
2p – p = 20000
p = 20000
Required profit = (3 × 20000)/0.50 = Rs. 120000.
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Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer?
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Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer?.
Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Babu and Ajay started a business by investing Rs. (8x + 18000) and Rs. (4x + 9000), respectively. They decided that they will donate 50% of their total profits and the rest will be divided between them in the ratio of their investments. If annual profit received by Babu is Rs. 20000 more than that by Ajay, then find total annual profit earned by them together?a)Rs. 80000b)Rs. 120000c)Rs. 100000d)Rs. 160000e)Can’t be determined.Correct answer is option 'B'. Can you explain this answer?.
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