Exams › IBPS PO › General Awareness
Two persons A and B started a business with an initial investment of ₹2,000 each. A invested an additional ₹1,000 after every 4 months, and B invested an additional ₹1,000 after every 6 months. At the end of the year, A and B separated their profit after deducting ₹x for charity. If the total amount separated is ₹26,000 and A's share including the charity amount is ₹15,000, find the value of x.
- ₹3,200
- ₹3,600
- ₹3,000
- ₹2,000
Correct answer: ₹3,000
Solution
A and B's investments change over time, so their shares depend on capital-time. Using the monthly investments, the ratio of their capital contributions is obtained, and then the distributable profit after charity is matched with A's share to find the charity amount as ₹3,000.
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