Multiple Choice Questions on Vijay and Ajay started a business by investing Rs 2000 and Rs 1500 respectively 4 months after start........... for SBI(PO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Vijay and Ajay started a business by investing Rs 2000 and Rs 1500 respectively. 4 months after start, Vijay withdrew all his money and Amit joined Ajay by investing Rs 3000. After the end of year, the difference between the shares of Amit and Vijay together and Ajay is Rs 3423. What is the total profit after a year?

    Rs 12375

    Incorrect Answer

    Rs 13455

    Incorrect Answer

    Rs 14265

    Incorrect Answer

    Rs 12225

    Correct Answer
    Explanation:

    Ratio of shares of Vijay : Ajay : Amit is
    2000*4 : 1500*12 : 3000*8
    4 : 9 : 12
    [(12+4)-9]/(4+9+12) * x = 3423
    Solve, x = Rs 12225

    Hence, option 4 is the correct answer.


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