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Question

Quantitative Aptitude Question on Profit and Loss

Ajay and Vijay entered into business with capital in ratio of 5:7. After 5 months Ajay withdraws 417th of his capital At the end of 8 months there was a profit of Rs 4470. Then find the profit

A

Rs. 3678

B

Rs. 2000

C

Rs. 4000

D

Rs. 1500

Answer

Rs. 2000

Explanation

Solution

The correct option is (B):Rs. 2000