Exams › SSC CGL (Prelims) › General

X invests ₹85,000 while Y invests ₹1,10,000, with X's investment lasting for 14 months and Y's for 11 months. The total profit amounts to ₹65,000. What is X's share?

1. ₹ 32,229.17
2. ₹ 31,000
3. ₹ 32,500
4. ₹ 33,416.67

Correct answer: ₹ 32,229.17

Solution

Profit is shared in proportion to capital and time. X:Y = 85,000×14 : 1,10,000×11 = 119 : 121, so X gets 119/240 of ₹65,000, which is ₹32,229.17.

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