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Direction : Read the following table to answer the following questions. Some values are missing in the table. Calculate the values as per given data in questions.
Year
Investment (in Rs.)
Profit (in Rs.)
A
B
C
2014
3200
3000
5250
2015
2400
3300
3850
2016
1800
Total investment made by A, B and C in 2015 was Rs 8400. Profit earned by A in 2015 is approximate what % more than the investment made by C in 2015?
65%
57%
48%
42%
68%
Total investment of A and C is 8400 – 2400 = Rs 6000 ……….(1) So ratio in shares of profit of B : (A+C) is 24 : 60 = 2 : 5 Now profit of B is Rs 3300 So 2/(2+5) *x = 11550 So x = total profit = Rs 11550 So profit of A = (11550 – (3300+3850)) = Rs 4400 Now profit ratio of A : C is 4400 : 3850 = 8 : 7 which is also investment ratio of A and C ………(2) From (1) and (2), investment 0f C = 7/15 * 6000 = 2800 So required % = (4400-2800)/2800 * 100 = 57%
Hence, option 2 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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