InterviewSolution
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Quantity B∶ Number of months after which B made his 3rd investment if B invests Rs. 1500 at beginning of every quarter and finally he invests Rs. 500 after 11 months1). Quantity A > Quantity B2). Quantity A < Quantity B3). Quantity A = Quantity B or no relation4). Quantity A ≤ Quantity B |
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Answer» As both receives EQUAL profits in the year. It means that their capital RATIO is 1 ? 1 Let A’s 3rd INVESTMENT is used for x months Capital of A? (1000 × 12) + (1500 × 9) + (2000 × x) + (4 × 2500) ⇒ 12000 + 13500 + 2000x + 10000 ⇒ 35500 + 2000x Capital of B? (1500 × 12) + (1500 × 9) + (1500 × 6) + (1500 × 3) + (500 × 1) ⇒ 18000 + 13500 + 9000 + 4500 + 500 ⇒ Rs. 45500 According to the question, 35500 + 2000x = 45500 ⇒ 2000x = 45500 – 35500 ⇒ 2000x = 10000 ⇒ x = 10000/2000 ⇒ x = 5 3rd investment of A is being used for 5 months It means that A has made his 3rd investment after 7 months i.e. 12 – 5 B has made his 3rd investment at the beginning of 3rd quarter i.e. after 6 months ∴ Quantity I is more than Quantity II |
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