Multiple choice

Pawan and Virat entered into a partnership business with investments of Rs (x + 200) and Rs (x + 50) respectively. After 1 year, Pawan and Virat added an extra amount of Rs.150 and Rs.50 such that the ratio of their profit shares at the end of 2 years is 4: 3. Find the value of x.

  1. 522

  2. 525

  3. 727

  4. 282

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

For 2 years with a midpoint investment change, profit ratio = [(initial investment × 1 year) + (increased investment × 1 year)] in the same ratio for both partners. Pawan: (x+200)+(x+350) = 2x+550. Virat: (x+50)+(x+100) = 2x+150. Setting (2x+550)/(2x+150) = 4/3 gives 6x+1650 = 8x+600, so 2x = 1050 and x = 525.

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