Multiple choice

Raju and Gopal started a partnership business with investment of Rs.1500 and Rs.3400 respectively. After 4 months, Raju and Gopal increased their investment by 15% and 25% respectively. What is the profit of Raju after 1 year, if the total profit earned is Rs.3370?

  1. 950

  2. 990

  3. 1020

  4. 650

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Raju: 1500×4 months + (1500×1.15)×8 months = 6000 + 13800 = 19800. Gopal: 3400×4 + (3400×1.25)×8 = 13600 + 34000 = 47600. Ratio = 19800:47600 = 99:238. Raju's share = 3370×99/337 ≈ 990.43, approximately 990.