Anil, Bobby and Chintu jointly invest in a business and agree to share the overall profit in proportion to their investments. Anil’s share of investment is 70%. His share of profit decreases by Rs. 420 if the overall profit goes down from 18% to 15%. Chintu’s share of profit increases by Rs. 80 if the overall profit goes up from 15% to 17%. The amount, in INR, invested by Bobby is
Correct Answer
3. 2000Correct Answer
45Subscribe to our newsletter and stay updated with all the latest news, tips, and information about the CAT exam delivered directly to your inbox.
We at Quantifiers understand and deliver on the personal attention each of our students requires. Whether it is through our pedagogy that enables non-engineers or non-math background students, our constant effort to proactively provide solutions, or our focus on our student’s goals.
We at Quantifiers understand and deliver on the personal attention each of our students requires. Whether it is through our pedagogy that enables non-engineers or non-math background students, our constant effort to proactively provide solutions, or our focus on our student’s goals.