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Raj and Ram went into a partnership for a year. Raj invests Rs.500 and Ram invests Rs.100 more than Raj. After 8 months, Raj removes some amount and Ram adds same amount to his investment. The profit share of Raj is Rs.1040. The average profit share of Raj and Ram is Rs.1320. Find the amount removed and added by Raj and Ram after 8 months.1. Rs.2802. Rs.2003. Rs.1504. Rs.1005. Rs.220 |
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Answer» Correct Answer - Option 2 : Rs.200 Given: Let amount removed and added by Raj and Ram after 8 months be Rs.a. ⇒ Total investment of Raj = 500 × 8 + (500 - a) × 4 = Rs.(6000 - 4a) ⇒ Total investment of Ram = 600 × 8 + (600 + a) × 4 = Rs.(7200 + 4a) Total profit shares of Raj and Ram = Rs.2640 ⇒ The profit share of Ram = 2640 - 1040 = Rs.1600 Then, ⇒ (6000 - 4a) : (7200 + 4a) = 1040 : 1600 Solving, ⇒ a = 200 ∴ After 8 months, Raj and Ram removed and added Rs.200. |
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