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  9. Q21

RBI Grade B Officer (General / DEPR / DSIM) 2019 · Question 21 of 120

Anurag & Ravi entered into a business with capital of Rs. 2000 & Rs. 1600 respectively. At the end of 8th month Anurag added Rs. 400 more and he left the business after 10 months, after one year’s Ravi invested his profit in a scheme, which offers CI at 20% p.a. If after two years Ravi gets total amount of Rs. 6912, then find total profit of Anurag?

Quantitative Aptitude

  1. AA. 5200 Rs.Correct
  2. BB. 2550 Rs.
  3. CC. 10200 Rs.
  4. DD. 7650 Rs.
  5. EE. 2700 Rs.

Answer: A. A. 5200 Rs.

Explanation

Ratio of profit of Anurag & Ravi after one year = (2000 × 8 + 2400 × 2) : (1600 × 12) = 208 : 192 = 13:12 Let total profit = 25P Rs. Share of Ravi = 12P Equivalent CI of two years at 20% = 20 + 20 + 20×20 100 = 44% ATQ – 12P × 100 = 6912 P = 400 Rs. Profit share Anurag = 10000 × 25 = 5200 𝑅𝑠.

Source: RBI Grade B 2019 Phase-I recollected paper with answers and solutions (Adda247 compilation) · memory-based

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