IPMAT 2020 Question Paper IPM Indore Quantitative Ability. Solve questions from IPMAT 2020 Question Paper from IPM Indore and check the solutions to get adequate practice. The best way to ace IPMAT is by solving IPMAT Question Paper. To solve other IPMAT Sample papers, go here: IPM Sample Paper
Question 24 : Ashok started a business with a certain investment. After few months, Bharat joined him investing half amount of Ashok's initial investment. At the end of the first year, the total profit was divided between them in ratio 3:1 . Bharat joined Ashok after
Ashok invested = 2n, Bharat invested = n
They share the profit in ratio 3 : 1
Ashok 24 n = 3k -----> k = 8n
Bharath n (x) = k
So n(x) = 8n
x = 8 months, So Bharath joined Ashok after 4 months
Choice C is the correct answer.
CAT® (Common Admission Test) is a registered trademark of the Indian Institutes of Management. This website is not endorsed or approved by IIMs.
2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093