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  9. Q254

ibps-rrb-os1 2024 · Question 254 of 270

Rahul invested Rs X and Vikas invested Rs 7000 in a business. After five months, Rahul increased his initial investment by 50% and after two more months, Vikas decreased his investment by 30%. At the end of a year, the profit share of Rahul is Rs 1550 out of total profit of Rs 3020. Find the value of X.

English (misc)

  1. A2500
  2. B3000
  3. C4000
  4. D5000Correct
  5. E6000

Answer: D. 5000

Explanation

Let Rahul initial investment = 2x Rs After, five month Rahul investment = 2x × 150 100 = 3x Rs Vikas investment after seven months = 7000 × 7 10 = 4900 Rs Profit ratio of Rahul to that of Vikas = (2x × 5 + 3𝑥 × 7) : (7000 × 7 + 4900 × 5) = 31x : 73500 ATQ 31𝑥 73500 = 1550 3020−1550 x = 2500 Rahul initial investment = 2x = Rs 5000 So, X = 5000

Source: IBPS RRB PO Mains Previous Year Paper 2024 (BankersAdda) · memory-based

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