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Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer?.

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Here you can find the meaning of Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Two friends Ajit and Lalit made investments in a business in the ratio 60:40. Lalit had borrowed his entire invested amount as personal loan at an annual interest rate of 5%.He repaid this loan after one year. After 5 years of investment, they got a profit of 30% on the total investment they had made. What is the ratio of actual profit made by Ajit and Lalit?a)3 : 2b)2 : 3c)9 : 5d)11 : 18Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.