Multiple Choice Questions on In 2014 out of the total profit Q got Rs 12 000 as his share R invested Rs 3600 If ratio of share of........... for IBPS(Clerical) Exam Preparation

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Quantitative Aptitude(IBPS CL)

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    Direction : Study the following table and answer the questions that follow:

    Year

    Ratio of Investment of P:Q:R

    Period of Investment(Months)

    Total Profit (in Rs.)

    P

    Q

    R

    2012

    4:3:5

    4

    6

    -

    20800

    2013

    -:3:-

    8

    5

    6

    39650

    2014

    5:4:-

    3

    5

    5

    -

    2015

    -:-:-4

    -

    -

    4

    22550

    2016

    3:-:5

    4

    7

    6

    14700


    In 2014, out of the total profit, Q got Rs 12,000 as his share. R invested Rs 3600. If ratio of share of R in total profit to total profit is 3 : 10, find the total profit.

    Rs 40, 000

    Incorrect Answer

    Rs 35, 000

    Incorrect Answer

    Rs 45, 000

    Incorrect Answer

    Rs 50, 000

    Incorrect Answer

    Rs 30, 000

    Correct Answer
    Explanation:

    In 2014, P invested Rs 5x, Q – 4x and R 3600
    So ratio of share of profits of P, Q and R:
    5x*3: 4x*5 : 3600*5
    3x : 4x : 3600
    Let total profit = Rs y
    So 4x/(7x+3600) * y = 12000………………………(1)
    xy/(7x+3600) = 3000
    Also,
    [3600/(7x+3600) * y]/y = 3/10
    y gets cancelled
    Solve, x = 1200
    Put in (1)
    Solve, y = Rs 30, 000 = total profit

    Hence, option 5 is the correct answer.


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