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  9. Q103

RBI Grade B Officer (General / DEPR / DSIM) 2023 · Question 103 of 260

Harry, Ron and Cedrick started a business with an investment in the ratio of 14: 15: 20. After 5 months, Harry invested an additional amount which was 2/5 th of the initial investment of Ron. 3 months after that, Ron increased his investment by an amount which was 1/4 th of Cedrick’s initial investment and Cedrick increased his investment by an amount which was 2/3 rd of Ron’s initial investment. After one year of business, the difference between the profit share of Ron and Harry was what percent of that between Ron and Cedrick?

Percentages

  1. A1. 13.33%
  2. B2. 6.67%
  3. C3. 16.67%
  4. D4. 8.33%
  5. E5. 12.5%Correct

Answer: E. 5. 12.5%

Explanation

5 Detailed solution: 14: 15: 20 Ratio of the time investment of Harry: Ron: Cedrick = 210: 200: 280

Source: RBI Grade B 2023 – Phase 1 recollected questions with answer key (EduTap compilation) · memory-based

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