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  • Question
  • Dileep started a business with a capital of Rs. 8000. After six months, Narender joined him with some investment. If at the end of the year each of them gets equal amount as profit, how much did Narender invest in the business?


  • Options
  • A. 24000
  • B. 16000
  • C. 12000
  • D. 32000

  • Correct Answer
  • 16000 

    Explanation

    Given Dileep and Narender started a business.

    Dileep invested 8000 for 12 months

    Let Narender invested 'p' for 6 months

    At the end of the year, their profit ratio is 1 : 1.

    Hence,

    8000 x 12 : p x 6

    p : 16000

    p/16000 = 1/1

    => p = 16,000

     

    Hence, Narender invested amount is Rs. 16,000.

  • Tags: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO

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