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CAT 2020 Profit & Loss — Previous Year Question

Year

CAT 2020

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

Slot-1

X, Y and Z start a web-based venture together. X invests Rs. 2.52.5 lakhs, Y invests Rs. 3.53.5 lakhs, and Z invests Rs. 44 lakhs. In the first year, the venture makes a profit of Rs. 22 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:32:3, 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?

Rs. 102,500

Rs. 93,750

Rs. 74,250

Rs. 75,000

Rs. 80,200

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