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IPMAT Indore 2020 PYQsMultiple Choice (Quants). Free, no login required.

Ashok started a business with a certain investment. After a few months, Bharat joined him investing half the amount of Ashok's initial investment. At the end of the first year, the total profit was divided between them in the ratio 3:13:1. Bharat joined Ashok after

Solution

✅ Correct Option: 3
Solution figure for IPMAT Indore 2020 MCQ question 14 (Arithmetic)

Ashok invested in the beginning of the year (say) January. He enjoyed the entire year's profit.

Bharat invested later for xx months until the end of the year. So, last 8 months of the year.

Hence, he invested 4 months after Ashok.

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