StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

X and Y invested ₹8,000 and ₹12,000 in a business. Profit after 1 year = ? Find X's share.

  1. 800
  2. 900
  3. 1000
  4. 1100

Correct answer: 1000

Solution

Investment ratio X:Y=8000:12000=2:3. Total parts=5. X's share=2/5 of total profit. From the full question conditions, X's profit share=₹1000.

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