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IBPS Clerk Prelims Model Paper 21
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© examsnet.com
Question : 47
Total: 100
X, Y and Z enter into a partnership. X invests some amount at the beginning. Y invests thrice the amount invested by X after 5 months and Z invests twice the amount invested by X after 6 months. They earn a profit of Rs. 60,000 at the end of the year. What is Z’s share in the profit?
Rs. 20,000
Rs. 16,000
Rs. 15,000
Rs. 12,000
None of these
Validate
Solution:
Solution: Let the investment of X be Rs. x.
Investment of Y = Rs. 3x
And investment of Z = Rs. 2x
Ratio of their investments
= x × 12 : 3x × 7 : 2x × 6
= 12x : 21x : 12x
= 4 : 7 : 4
And it is supposed that total profit = Rs. p
Then, share of Z = p
4
15
= 60000 ×
4
15
= 16000
© examsnet.com
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