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ExamsIBPS POGeneral Awareness

A, B, and C started a business with the ratio of investment 2:3:4 respectively. After one year, A doubled the investment and C withdrew half of the investment. Find the ratio of profit earned by B and C at the end of two years.

  1. 4:3
  2. 3:1
  3. 2:1
  4. 1:1

Correct answer: 1:1

Solution

B keeps the same investment for two years, while C’s investment changes after one year. When capital-time products are calculated, B and C get equal shares, so the ratio is 1:1.

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