Q3. Maanik and Shivam entered into a partnership by investing Rs.20000 and Rs.32000 respectively. After 4 months, Maanik increased his investment by 50% and after another 6 months Shivam increased his investment by 25%. If at the end of the year Shivam got a profit of Rs.30000, then find total profit?
(a) Rs.80000
(b) Rs.77000
(c) Rs.54000
(d) Rs.93000
(e) Rs.12000
Q4. Deepak invested Rs. P for 2 years in scheme A at the rate of 18% p.a. on compound annually and received a total amount of Rs.83544 from scheme A. He then invested Rs. (P+X) in another scheme B for 2 years at the rate 20% p.a. on simple interest. If he received Rs.30000 as interest from scheme B, then find X?
(a) Rs 24000
(b) Rs 28000
(c) Rs 12000
(d) Rs 22000
(e) Rs 15000
Solutions
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