Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-10

  • question_answer
    A started with an investment of Rs. 28000. After 2 months, B joins with Rs. 20000 and after another two months C joins with Rs. 18000. At the end of 10th month from start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000 what is the respective ratio in which profit should be distributed among A, B and C at the end of the year?

    A) 12: 7: 5

    B) 12: 9: 5

    C) 12: 6: 3            

    D) 14: 7: 5

    E) 11: 9: 7

    Correct Answer: A

    Solution :

    Total investment by\[A=28000\times 12\]
    Total investment by \[B=20000\times 8+18000\times 2\]
                            \[=160000+36000\]
                            \[=196000\]
    Total investment by \[C=18000\times 6+16000\times 2\]
                            \[=108000+32000=140000\]
    Respective ratio  \[=A:B:C\]
                            \[=336000:196000:140000\]
                            \[=336:196:140\]
                            \[=84:49:35=12:7:5.\]
    And distribution of profit among partners is same as their investment.
    \[\therefore \] Profit should be distributed in \[12:7:5.\]


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