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Directions: Answer the questions based on the information given below.
A, B and C together started a business with the initial investment of Rs. 30000, Rs. 36000 and Rs. 40000, respectively. After a year, A and B increased their investment by Rs. 10000 and Rs. 4000, respectively, while C withdrew Rs. 10000. After another one year, A, B and C increased their investments by 1/5th, 1/4th and 2/5th , respectively. It was decided that C would receive 1/5th of the total profit received by them for his extra work, and rest profit will be distributed according to their investments. After 3 years, total profit received by them is Rs. 1,06,800.
Q. Find the difference between the profit share of A and B.
  • a)
    Rs. 1920
  • b)
    Rs. 1020
  • c)
    Rs. 1120
  • d)
    Rs. 1925
  • e)
    Rs. 1720
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: Answer the questions based on the information given below...
Investment of A in second year = 30000 + 10000 = Rs. 40000
Investment of B in second year = 36000 + 4000 = Rs. 40000
Investment of C in second year = 40000 – 10000 = Rs. 30000
Investment of A in third year = 40000 × 6/5 = Rs. 48000
Investment of B in third year = 40000 × 5/4 = Rs. 50000
Investment of C in third year = 30000 × 7/5 = Rs. 42000
Ratio of profit of A:B:C = (30000 + 40000 + 48000):(36000 + 40000 + 50000):(40000 + 30000 + 42000)
= 59:63:56
Profit earned by C for his extra work = 1/5 of 106800 = Rs. 21360
Remaining profit = 106800 – 21360 = Rs. 85440
Profit earned by A for investment = 59/178 × 85440 = Rs. 28320
Profit earned by B for investment = 63/178 × 85440 = Rs. 30240
Profit earned by C for investment = 56/178 × 85440 = Rs. 26880
Required difference = 30240 – 28320 = Rs. 1920
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Directions: Answer the questions based on the information given below.A, B and C together started a business with the initial investment of Rs. 30000, Rs. 36000 and Rs. 40000, respectively. After a year, A and B increased their investment by Rs. 10000 and Rs. 4000, respectively, while C withdrew Rs. 10000. After another one year, A, B and C increased their investments by 1/5th, 1/4th and 2/5th , respectively. It was decided that C would receive 1/5th of the total profit received by them for his extra work, and rest profit will be distributed according to their investments. After 3 years, total profit received by them is Rs. 1,06,800.Q. Find the difference between the profit share of A and B.a)Rs. 1920b)Rs. 1020c)Rs. 1120d)Rs. 1925e)Rs. 1720Correct answer is option 'A'. Can you explain this answer?
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Directions: Answer the questions based on the information given below.A, B and C together started a business with the initial investment of Rs. 30000, Rs. 36000 and Rs. 40000, respectively. After a year, A and B increased their investment by Rs. 10000 and Rs. 4000, respectively, while C withdrew Rs. 10000. After another one year, A, B and C increased their investments by 1/5th, 1/4th and 2/5th , respectively. It was decided that C would receive 1/5th of the total profit received by them for his extra work, and rest profit will be distributed according to their investments. After 3 years, total profit received by them is Rs. 1,06,800.Q. Find the difference between the profit share of A and B.a)Rs. 1920b)Rs. 1020c)Rs. 1120d)Rs. 1925e)Rs. 1720Correct answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Answer the questions based on the information given below.A, B and C together started a business with the initial investment of Rs. 30000, Rs. 36000 and Rs. 40000, respectively. After a year, A and B increased their investment by Rs. 10000 and Rs. 4000, respectively, while C withdrew Rs. 10000. After another one year, A, B and C increased their investments by 1/5th, 1/4th and 2/5th , respectively. It was decided that C would receive 1/5th of the total profit received by them for his extra work, and rest profit will be distributed according to their investments. After 3 years, total profit received by them is Rs. 1,06,800.Q. Find the difference between the profit share of A and B.a)Rs. 1920b)Rs. 1020c)Rs. 1120d)Rs. 1925e)Rs. 1720Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Answer the questions based on the information given below.A, B and C together started a business with the initial investment of Rs. 30000, Rs. 36000 and Rs. 40000, respectively. After a year, A and B increased their investment by Rs. 10000 and Rs. 4000, respectively, while C withdrew Rs. 10000. After another one year, A, B and C increased their investments by 1/5th, 1/4th and 2/5th , respectively. It was decided that C would receive 1/5th of the total profit received by them for his extra work, and rest profit will be distributed according to their investments. After 3 years, total profit received by them is Rs. 1,06,800.Q. Find the difference between the profit share of A and B.a)Rs. 1920b)Rs. 1020c)Rs. 1120d)Rs. 1925e)Rs. 1720Correct answer is option 'A'. Can you explain this answer?.
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