Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A and B invested ₹10,000 and ₹12,000 in a business two years ago. After 1 year their net loss was ₹880. And during the $2^{nd}$ year their net profit was ₹2530. So, the present worth of A if the profit (loss) in distributed in the ratio of capitals at the beginning of each year is :

Options:

₹12,000

₹10,750

₹10,000

₹11,650

Correct Answer:

₹10,750