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IBPS PO Prelims Model Paper 4 with solutions
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© examsnet.com
Question : 33
Total: 100
A and B started a business by investing Rs. 22400 and Rs. 18200 respectively. After 4 months, C joined them by investing Rs. 12600. If the annual profit earned by them is Rs. 12670, what is C’s share of profit ? (in Rupees)
Rs. 2,232
Rs. 2,364
Rs. 2,148
Rs. 2,244
Rs. 2,172
Validate
Solution:
Ratio of the equivalent capitals of A, B and C for 1 month
= (22400 × 12) : (18200 × 12) : (12600 × 8)
= 224 × 3 : 182 × 3 : 126 × 2
= 16 : 13 : 6
Sum of ratios = 16 + 13 + 6 = 35
Total annual profit = Rs. 12670
C’s share = Rs.
6
35
×
12670
= Rs. 2172
© examsnet.com
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