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08 Feb 2021, 05:30
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
73% (02:45) correct
27%
(02:54)
wrong
based on 244
sessions
History
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Not Attempted Yet
Anil, Sunil and Kunal invested $5600 for 3 months, $3400 for 5 months, $8100 for 2 months, respectively in a business. The business fetched them a profit of $ 1500. What are their respectively shares in the profit (in $) ?
(A) 450, 564, 486
(B) 504, 540, 486
(C) 504, 510, 486
(D) 506, 510, 486
(E) 508, 510, 486
(A) 450, 564, 486
(B) 504, 540, 486
(C) 504, 510, 486
(D) 506, 510, 486
(E) 508, 510, 486
14 Feb 2021, 00:27
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Ratio of which profits are shared depends on the investments made and the time period for which they they are made.
In effect Pa : Pb : Pc = Ia x ta : Ib x tb : Ic x tc, where t is in months.
Ia = 5600, ta = 3 months, Is = 3400, ts = 5 months, Ik = 8100 and tk = 2 months
Therefore Pa : Ps : Pk = (5600 * 3) : (3400 * 5) : (8100 * 2) = 84 : 85 : 81
Let the profit shares be 84x, 85x and 81x
Then 84x + 85x + 81x = 1500
250x = 1500
x = 6
The shares are 6 * 84 = 504, 6 * 85 = 510 and 6 * 81 = 486
Option C
Arun Kumar
In effect Pa : Pb : Pc = Ia x ta : Ib x tb : Ic x tc, where t is in months.
Ia = 5600, ta = 3 months, Is = 3400, ts = 5 months, Ik = 8100 and tk = 2 months
Therefore Pa : Ps : Pk = (5600 * 3) : (3400 * 5) : (8100 * 2) = 84 : 85 : 81
Let the profit shares be 84x, 85x and 81x
Then 84x + 85x + 81x = 1500
250x = 1500
x = 6
The shares are 6 * 84 = 504, 6 * 85 = 510 and 6 * 81 = 486
Option C
Arun Kumar
19 Aug 2024, 20:55
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Arrived at option C by logic. From option C we know that Kunal is definitely getting $486 in returns. 486 is a multiple of 9.
Below can be further evaluated:
And can be corroborated with available options:
(C) 504 (multiple of 7) , 510 (multiple of 17), 486 (multiple of 9)
Quote:
Below can be further evaluated:
Quote:
And can be corroborated with available options:
(C) 504 (multiple of 7) , 510 (multiple of 17), 486 (multiple of 9)
