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    Read the information carefully and answer the questions given below. X and Y invested Rs. 8000 and Rs 12000 respectively in a business. After six

    Reading Comprehension

    Read the information carefully and answer the questions given below.
    X and Y invested Rs. 8000 and Rs 12000 respectively in a business. After six months, Y left the business and X reduced his initial investment by Rs P.

    1) Question

    At the end of a year, the profit of X is 25% more than Y, then find the value of P.

    A.

    2500

    B.

    2000

    C.

    1500

    D.

    500

    E.

    1000

    Correct option is E


    Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
    = 96000 – 6P : 72000
    = 16000 - P : 12000


    2) Question

    If the ratio of the profit share of Y to X is 12 : 13, then find the value of P+500.

    A.

    3500

    B.

    2500

    C.

    1200

    D.

    3000

    E.

    2000

    Correct option is A


    Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
    = 96000 – 6P : 72000
    = 16000 - P : 12000

    3) Question

    At the end of a year, the profit share of X is Rs 700 out of total profit of Rs 1500, then find the value P/2.

    A.

    3550

    B.

    2550

    C.

    1250

    D.

    3250

    E.

    2750

    Correct option is E


    Profit sharing ratio of X to Y = 8000×6+(8000-P)×6 : 12000×6
    = 96000 – 6P : 72000
    = 16000 - P : 12000

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