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Three partners Arjun, Beena, and Chikku started a business with a total investment of Rs. 7200. Arjun’s investment was Rs. 600 more than that of Beena while Beena's investment was Rs. 300 less than Chikku. At the end of one year, the business generated Rs. 864 profit which was distributed in the ratio of the investment of the three partners. Arjun invested 25 % of his profit in a saving scheme that assures a 15% return as interest in one year. What was the interest earned by Arjun from the saving scheme in one year?1. Rs. 12.152. Rs. 21.253. Rs. 14.754. Rs. 11.205. Rs. 25.05 |
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Answer» Correct Answer - Option 1 : Rs. 12.15 Calculation: Let the investment of Chikku be x. Investment of Beena = x – 300 Investment of Arjun = x – 300 + 600 Total investment = 7200 ⇒ x + x – 300 + x – 300 + 600 = 7200 ⇒ 3x = 7200 ⇒ x = 2400 Investment of Chikku = Rs. 2400. Investment of Beena = Rs. 2100 Investment of Arjun = Rs. 2700 ∴ Ratio of Chikku : Beena : Arjun = 8 : 7 : 9 ∴ Arjun’s Share = 864 × 9/24 ⇒ Rs. 324 Investment of Arjun in saving scheme = 25% of 324 ⇒ Rs. 81 Interest earned by Arjun = 81 × 15 × 1/100 ⇒ Rs. 12.15 The interest earned by Arjun from the saving scheme in one year is Rs. 12.15. |
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