Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-42

  • question_answer
    Anil is an active and Vimal is a sleeping partner in a business. Anil invests Rs. 12000 and Vimal invests Rs. 20000. Anil receives 10% profit for managing, the rest being divided in proportion to their capitals. Out of the total profit of? 9000, the money received by Anil is

    A) Rs. 4500                       

    B) Rs. 4800

    C) Rs. 4600                       

    D) Rs. 3937.5

    E) None of the above

    Correct Answer: D

    Solution :

    For management, money received by Anil
    = 10% of 9000 = Rs. 900
    Balance \[=Rs.(9000-900)=Rs.\text{ }8100\]
    Now, ratio of investments \[=12000:20000=3:5\]
    \[\therefore \]      Anil's share \[=\text{Rs}.\,\,8100\times \frac{3}{(3+5)}\]
    \[=\text{Rs}\text{.}\,\,8100\times \frac{3}{8}=\text{Rs}.\,\,3037.50\]
    \[\therefore \]Amount received by Anil \[=\text{Rs}.\,\,900+\text{Rs}.\,\,3037.50\]
    = Rs. 3937.50


You need to login to perform this action.
You will be redirected in 3 sec spinner