Multiple Choice Questions on A started business with Rs 600 and B with Rs 900 After 5 months B left and C joined with capital Rs ........... for SBI(PO) Exam Preparation

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Multiple Choice Questions

A started business with Rs 600 and B with Rs 900 After 5 months B left and C joined with capital Rs ...........

Quantitative Aptitude (SBI-PO) Partnership
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    A started business with Rs. 600 and B with Rs. 900. After 5 months B left and C joined with capital Rs. 600 less than B. If at the end of year profit of C was Rs 3500, then find the total profit at the end of year.

    Rs. 46000

    Incorrect Answer

    Rs. 36000

    Incorrect Answer

    Rs. 28000

    Incorrect Answer

    Rs. 23000

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:
    Ratio of the equivalent capitals of A, B and C for 1 month
    = 600 × 12 : 900 × 5 : 300 × 7 = 24 : 15 : 7
    According to question
    7 ≡ Rs. 3500
    ⇒ 1 ≡ Rs. 500
    The total profit at the end of year = 24 + 15 + 7 = 46 ≡ 46 × Rs. 500 = Rs. 23000
     

    By: Munesh Kumari
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