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Banking Sample Paper Bank of Baroda (PO) Sample Test Paper-1

  • question_answer
    Direction: Study the following information carefully and answer the given questions accordingly. Give answer
    A, B and C starts business with initial investments in the ratio of 3:4:2. Four months after the start of the business, B halves his investment. What was C?s investment?
    I. The difference between 'B's and C's share of the Annual profit was Rs. 600.
    II. The ratio of the annual investment by A, B and C was 9:8:6

    A)  If the-data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to: answer the question.

    B)  if the data in statement .U alone are sufficient to answer the question while the data in statement I alone are not sufficient to answer the question.            

    C)              if the data either in statement I alone or in statement II alone are sufficient to answer the question.            

    D)                     if the data in both the statements I and II together are not sufficient to answer the            

    E)                     if the data in both the statements I and II together are necessary to answer the question.            

    Correct Answer: E

    Solution :

    Ratio of investments A   :   B   :   C 3    :   4   :   2 Now, after four months \[=3\times 12:4\times 4+2\times 8:2\times 12\] \[=36:32:24=9:8:6\] From I and II. 8 - 6 = 2 = 600 \[\therefore \] (9 + 8 + 6 =) 22 \[=\frac{600}{2}\times 22=6600\] Amount invested by C \[=\frac{600}{22}\times 6=Rs.1800\]             Hence both are necessary to answer the question.


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