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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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.
  • a)
    Rs. 12160
  • b)
    Rs. 12560
  • c)
    Rs. 12760
  • d)
    Rs. 12060
  • e)
    Rs. 12860
Correct answer is option 'D'. 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
Total profit earned by C = 26880 + 21360 = Rs. 48240
So, required interest earned by him = (48240 × 12.5 × 2)/100 = Rs. 12060
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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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer?
Question Description
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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer?.
Solutions 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer?, a detailed solution 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice 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. If C deposited the total profit earned by him in a bank for 2 years which offers simple interest at the rate of 12.5 % p.a., then find the interest earned by him.a)Rs. 12160b)Rs. 12560c)Rs. 12760d)Rs. 12060e)Rs. 12860Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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