hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    C and D invested Rs. 'Y' and Rs. 3600 respectively. If after 6 months, C increases his investment by Rs. 1200, and the ratio of the profit share of C
    Question



    C and D invested Rs. 'Y' and Rs. 3600 respectively. If after 6 months, C increases his investment by Rs. 1200, and the ratio of the profit share of C to D after a year is 19:15, then find the initial investment of C (in Rs).

    A.

    2820

    B.

    2450

    C.

    3960

    D.

    2940

    E.

    3360

    Correct option is C

    Information Given:
    C and D invested Rs. 'Y' and Rs. 3600 respectively.
    After 6 months, C increases his investment by Rs. 1200, and the ratio of the profit share of C to D after a year is 19:15.
    Formulas Used:
    Profit share = Investment × Time
    Basic Explanation:
    The profit-sharing ratio = Y×6+(Y+1200)×6 :3600×12
    = 2Y + 1200 : 7200
    ATQ,
    2Y+12007200=1915\frac{2Y + 1200}{7200} = \frac{19}{15}
    2Y + 1200 = 9120
    2Y = 7920
    Y = 3960

    test-prime-package

    Access ‘IBPS PO Prelims’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    175k+ students have already unlocked exclusive benefits with Test Prime!

    Free Tests

    Free
    Must Attempt

    IB ACIO Grade-II Executive (Held on 17 Jan 2024 S1)

    languageIcon English
    • pdpQsnIcon100 Questions
    • pdpsheetsIcon100 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    grammar

    languageIcon English
    • pdpQsnIcon10 Questions
    • pdpsheetsIcon10 Marks
    • timerIcon7 Mins
    languageIcon English
    Free
    Must Attempt

    Series

    languageIcon English
    • pdpQsnIcon10 Questions
    • pdpsheetsIcon10 Marks
    • timerIcon8 Mins
    languageIcon English