Quantitative Aptitude – Ratios – X, Y and Z start a web-based venture together
XAT 2020 Exam Paper – Quantitative Aptitude – Ratios – X, Y and Z start a web-based venture together
Q. X, Y and Z start a web-based venture together. X invests Rs. 2.5 lakhs, Y invests Rs. 3.5 lakhs, and Z invests Rs. 4 lakhs. In the first year, the venture makes a profit of Rs. 2 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:3, and the remaining profit is divided among X, Y and Z in the ratio of their initial investments. The amount that Z receives is four times the amount that X receives. How much amount does Y receive?