Management Aptitude Test 2015 Paper

Question : 114 of 200

Marks: +1, -0

Rakesh gives ₹ 140000 to Ramesh for a business. Ramesh spends

1/8

of his profit on rent of shop. If they are left with equal amount, then what is the investment of Ramesh?

Solution:

(a) Let the investment of Ramesh be x.
Amount of profit left after paying the rent
=

x-1/8x=7/8x

Now, according to the question,

7/8x

= 140000
⇒ x =

140000/7×8

⇒ x = 160000
Hence, Ramesh investment is ₹160000.

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