Multiple Choice Questions on If A rsquo s share in annual profit is Rs 9030 find the total profit after a year ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If A rsquo s share in annual profit is Rs 9030 find the total profit after a year ........

Quantitative Aptitude ( CCS) Partnership
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    Directions : A, B and C started a business. They invested amounts in the ratio 1 : 3 : 2 respectively for 8 months. After this they invested amounts in ratio 2 : 3 : 4 respectively for 4 months. The average investment of A and B is Rs 2800 while average investment of B and C is Rs 3800.

    If A’s share in annual profit is Rs 9030, find the total profit after a year.

    Rs 41,390

    Incorrect Answer

    Rs 45,150

    Correct Answer

    Rs 42,610

    Incorrect Answer

    Rs 46,240

    Incorrect Answer
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    Explanation:

    Ratio of profit share is
    (2x+2y) : (6x+3y) : (4x+4y)
    x = 400, y = 800
    So ratio becomes
    1 : 2 : 2
    So 1/5 * x = 9030
    Total profit = x = Rs 45,150

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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