Multiple Choice Questions on Kamal started a business investing Rs 5000 Four months later Mr Jain joined the business by investin........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Kamal started a business investing Rs 5000 Four months later Mr Jain joined the business by investin...........

Quantitative Aptitude ( CCS) Partnership
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    Kamal started a business investing Rs. 5000. Four months later Mr. Jain joined the business by investing Rs. 9000. If the profit at the end of the year was Rs. 22000 how much amount would Mr. Jain have received as the profit?

    Rs.12000

    Correct Answer

    Rs.2300

    Incorrect Answer

    Rs.2350

    Incorrect Answer

    none of these

    Incorrect Answer
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    Explanation:

    Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
    Kamal:Sameer = (5000*12):(9000*8)
    = 5:6

    Sameer Ratio in profit will be 11 unit =22000

    1 unit =2000

    6 unit = 12000

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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    Kajal Paner

    Question given data and answer solution data doesn't match

    0 0 reply
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