Multiple Choice Questions on Varun Kishore and Vinay invested Rs 10 000 Rs 5000 and Rs 15 000 respectively in a business Varun le........... for CAPF (AC) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Varun, Kishore and Vinay invested Rs. 10,000, Rs. 5000 and Rs. 15,000 respectively in a business. Varun left after 8 months. If after 10 months, there was a gain of Rs. 5600, then what will be the share of Varun ?

    Rs. 1400

    Incorrect Answer

    Rs. 1600

    Correct Answer

    Rs. 1000

    Incorrect Answer

    Rs. 2400

    Incorrect Answer
    Explanation:

     Varun : Kishore : Vinay = (10000*8) : (5000*10) : (15000*10) = 8 : 5 : 15
    => Varun's share = Rs. (5600*8/28)
    = 200*8
    = Rs. 1600


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