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ExamsIBPS POQuantitative Aptitude

A, B and C subscribe Rs. 50,000 for a business. A subscribes Rs. 4,000 more than B, and B subscribes Rs. 5,000 more than C. Out of a total profit of Rs. 35,000, A receives:

  1. Rs. 8,400
  2. Rs. 11,900
  3. Rs. 13,600
  4. Rs. 14,700

Correct answer: Rs. 14,700

Solution

Since B invests Rs. 5,000 more than C and A invests Rs. 4,000 more than B, the investments are in arithmetic form. Using the total Rs. 50,000, we get C = 13,000, B = 18,000, and A = 22,000. A's share of profit is therefore \(\frac{22000}{50000} \times 35000 = 14700\).

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