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Multiple Choice Questions

Find the share of Aaru from the profit after one year ........

Quantitative Aptitude(IBPS CL) Partnership

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Two friends Aaru and Chand started a business in which Aaru invests Rs. 12600 and Chand invested 1/3rd of the amount invested by Aaru. Aaru left the business after 5 months and at the same time Sandhu joins with the investment of Rs.6000. At the end of one-year Chand receives Rs. 3000 as the share of a profit.

Find the share of Aaru from the profit after one year?

This questions was previously asked in

IBPS CLERK MAINS (19 JAN 2020)

View All IBPSCl Previous Year Papers

Rs. 2500

Rs. 3750

Rs. 4000

Rs. 4500

None of these

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Explanation:

- Aaru invested Rs. 12,600 and left after 5 months.

- Chand invested 1/3 of Aaru's amount, which is Rs. 4,200.

- Sandhu joined after 5 months with Rs. 6,000.

- The business ran for a total of 12 months.

- Total investment period for Aaru is 12600 x 5 months = Rs. 63,000 (investment-months).

- Total investment period for Chand is 4200 x 12 months = Rs. 50,400 (investment-months).

- Total investment period for Sandhu is 6000 x 7 months = Rs. 42,000 (investment-months).

- Ratio of profits is based on these investment-months: Aaru : Chand : Sandhu = 63,000 : 50,400 : 42,000.

- Simplifying this ratio gives 525 : 420 : 350.

- Chand's profit is Rs. 3,000; hence, Aaru’s share is calculated from their ratio.

- Aaru's share calculation: (525/420) * 3000 = Rs. 3,750.

Correct Answer: Option 2 - Rs. 3750

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By: Parvesh Mehta

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