Team Conduira In Campus Jobs

Campus Placements - Amazon - Quant sample question

2 replies 1814 views 0 votes
  Featured   Resolved Discussion

A and B invested INR90,000 and INR60,000 in a business at the start of an year. After 9 months C joins A and B, invests INR90,000 in the same business. At the end of that year, 10% of the B's profit goes to charity.If C got profit share of INR15000, how much money B donated to charity?
  • Sandeep Reddy Komatireddy

    For first 9 months, A and B invested INR90,000 and INR60,000. Their investment did not change for next 3 months.
    For first 9 months, C invested INR0. Next 3 months, C invested INR90,000.

    Investment ratio of A, B, C in that year is 270,000:180,000:90,000 -- 27:18:9 --- 3:2:1

    C's share in the profit is 1/6(total proft) = 15,000
    Total profit = INR90,000

    B's share in the profit = 2/6(total profit) = 1/3(90,000) = INR30,000

    10% of the B's profit goes to charity so it is = 10/100*(30,000) = INR3,000

    Money donated to charity by B = INR3,000

    The reply is currently minimized Show
  • The reply is currently minimized Show

Please login to post a reply

You will need to be logged in to be able to post a reply. Login using the form on the right or register an account if you are new here.


Register Here »

Vocabprep Banner

Have a Conduira Online Payment Card?

Please key in your e-mail address.

Be up-to-date with the happenings at Conduira!