Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-46

  • question_answer
    Amit and Brijesh started a business with initial investments in the ratio of 12: 11 and their annual profits were in the ratio of 4: 1. If Amit invested the money for 11 months, then for what time Brijesh invested the money?

    A) 9 months                      

    B) 3 months

    C) 5 months                      

    D) 10 months

    Correct Answer: B

    Solution :

    Let investment of Amit  \[=12\,\,x\]
    and investment of Brijesh \[=11\,\,x\]
    Let Brijesh invested the money for/months.
    Then, Amit's investment: Brijesh's investment
    \[=\,\,(12x\times 11):(11x\times y)\]
    \[=132\,\,x:11\,\,xy=12:y\]
    \[\therefore \]      \[\frac{12}{y}=\frac{4}{1}\]      [since, ratio of profit is 4 :1]
    \[\Rightarrow 4y=12\]
    \[\therefore \]      \[y=\frac{12}{4}=3\,\,\text{month}\]
    Clearly, Brijesh invested money for 3 months.


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