A person divided an amount of Rs. 100,000 into two parts and invested in two different schemes. In one he got 10% profit...

Question

A person divided an amount of Rs. 100,000 into two parts and invested in two different schemes. In one he got 10% profit and in the other he got 12% profit. If the profit percentages are interchanged with these investments he would have got Rs. 120 less. Find the ratio between his investments in the two schemes.

A. 9 : 16
B. 11 : 14
C. 37 : 63
D. 47 : 53

Accepted Answer

Ratio of investments = 47 : 53 (option D) The total investment is Rs. 1,00,000 split into two parts earning different profit rates. Swapping the rates between the two parts reduces the combined profit by Rs. 120. This small reduction pinpoints exactly how the Rs. 1,00,000 is split.