IBPS SO Prelims Exam Model Paper 6

Given:
Kiran’s Investment = 16000
Deepika’s Investment = 8000
Priyanka’s Investment = 24000
Formula used:
The Ratio of investment = ∑ (invested amount × time for which it is invested)
The Ratio of profit will be the same as ratio of investment
Calculation:
The Ratio of investment of Kiran, Deepika and Priyanka is = ∑ (invested amount × time for which it is invested)
= (16000 × 12 + 8000 × 24) : (8000 × 12 + 13000 × 24) : (24000 × 36)
= 16 : 17 : 36
The Ratio of profit will be the same as ratio of investment = 16 : 17 : 36