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Rajat Sharma

· started a discussion

· 1 Months ago

21.15 is the correct answer

Question:

DIRECTIONS: Study the following chart and the following question carefully.

  

Note-profit %= (Profit/income)x100

It the total amount invested by the two company in 2014 was Rs.27 lacs. While the amount invested by company Y was 50% of the amount invested by company X, what was the total profit earned by two companies together.

Options:
A)

Rs.21.5 lakhs

B)

Rs.21.15 lakhs

C)

Rs.18.70 lakhs

D)

Rs.20.15 lakhs

Solution:

Ans: (b)

Let amount invested by Y = a

And amount invested by X = 2a

Then, a + 2a = 27

So, a = 9

Income of X = 2a = 18

Income of Y = a = 9

Profit earned by X = 80% of 18 = 14.4

Profit earned by Y = 75% of 9 = 6.75

Total profit = 14.4 + 6.75 = 21.15

SURENDRA SANKHLA

· commented

· 1 Months ago

I think these people don't even rectify the answer and solutions after raising issue.
Bcoz you submitted correct answer almost a month ago and and the same problem occurred with new one.

Md Ejaz Ahmad

· commented

· 1 Months ago

exactly

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