In the year 2018 B and C increased their investment amount by 20 and 10 respectively while A has inc...........

Quantitative Aptitude (SBI-PO) Case Studies

Direction (): Answer the questions based on the information given below:
Three business partners invested for 5 years in a business in the years 2013, 2014, 2015, 2016 and 2017 respectively. The amounts invested by A, B and C in the year 2014 are Rs. 25000, 5000 and 15000 respectively. The profits earned by C in the year 2015 and 2016 are 16000 Rs. and 21000 Rs. respectively. The investment made by A, B and C in the year 2017 are 10000, 20000 and 30000 respectively. The total profit earned in the year 2014 is 75000 Rs. The total investment made in the year 2016 is Rs. 65000 and the ratio of amount invested by A, B and C is 5: 6: 2, respectively. The profits earned by C in the 2013 and A in 2017 are 105000 Rs. and 135000 Rs. respectively. The amount invested by B for the year 2013 is Rs. 20000 and the ratio of amount invested by A, B and C is 3: 4: 5, respectively. The profit earned by B in the year 2014 is 12500 Rs. The amount invested by B and C in the year 2015 is same and is equal to the amount invested by A in 2017. The amount invested by A in 2015 is equal to the amount invested by C in 2014. Also given that, the period of investment made by the business partners is not fixed.

In the year 2018, B and C increased their investment amount by 20% and 10% respectively while A has increased it by 50% with respect to the previous year and it has been decided that A will get an extra of 12.5% of the total profit for being a working partner. If at the end of the year A receives Rs. 88500, thenfind the total profit.

(All three partners invested for the whole year)

Rs. 265500

Rs. 424800

Rs. 302400

Rs. 288000

None of these

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Explanation:

The investment made by A, B and C in the year 2017 are 10000, 20000 and 30000 respectively. Investment of A for the year 2018 = 10000 x 1.5 = Rs. 15000

Investment of B for the year 2018 = 20000 x 1.2 = Rs. 24000 Investment of C for the year 2018 = 30000 x1.1 = Rs. 33000

As, all the three partners invested for the whole year, Ratio of investments = (15000 x 12): (24000 x 12): (33000 x 12) = 15: 24: 33

We know that, A receives Rs. 88500 at the end of the year

Let total profit be Rs. P