Instructions

Study the following graph carefully to answer the questions.
Percent Profit Earned by Two Companies Producing Electronic Goods over the Years
percent profit =$$\frac{Profit Earned}{Total Investment}\times100$$
Profit Earned = Total Income - Total Investment in the year

                                                                

Question 178

If the total amount invested by the two Companies in 2009 was Rs. 27 lakhs, while the amount invested by Company B was 50% of the amount invested by Company A, what was the total profit earned by the two Companies together?

Solution

Percent profit = $$\frac{Profit Earned}{Total Investment}\times100$$

Total investment = 27 lakhs

Let B's investment be x

A's investment = 2x

So, 3x = 27 x or x = 9 lakhs

For B,

80 = 100* y/9

So, y = 7.2 lakhs

For A,

75 = 100 * z/ 18

z = 13.5 lakhs.

So, total = 20.7 lakhs


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App