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Aptitude · Q71

Partnership

Competitive Exams · Aptitude · question 71

Q71

Jhon, Mona and Gordon, three US based business partners, jointly invested in a business project to supply nuclear fuel to India. As per their share in the investment, Gordon will receive 2/3 of the profits whereas Jhon and Mona divided the remainder equally. It is estimated that the income of Jhon will increase by 60 million when the rate of profit rises from 4% to 7%. What is Mona's capital ?

Jhon, Mona and Gordon, three US based business partners, jointly invested in a business project to supply nuclear fuel to India. As per their share in the investment, Gordon will receive of the profits whereas Jhon and Mona divided the remainder equally. It is estimated that the income of Jhon will increase by $ 60 million when the rate of profit rises from 4% to 7%. What is Mona's capital ?
A.
$ 2000 million
Answer
B.
$ 3000 million
C.
$ 5000 million
D.
$ 8000 million

Answer: Option A

Solution

Answer: Option A
Solution:
Fraction of profit received by each one of Jhon and Mona

Ratio of capitals of Jhon, Mona and Gordon = Ratio of their profits
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