James and Vaibhav are gamblers. Last year, the ratio between money lost by James and Vaibhav was 4 : 5. The ratios of their individual losses of the last year and present year are 3 : 5 and 2 : 3 respectively. If total loss incurred to both of them this year is Rs. 357000 the present loss of James is = ?
A. Rs. 170000
B. Rs. 159000
C. Rs. 168000
D. Rs. 137000
Answer: Option C
Solution(By Examveda Team)
James | : | Vaibhav | |
Last year → | 4 | : | 5 |
Let last years total loss ⇒ 90
Last years loss of James $$ = 90 \times \frac{4}{9} = 40$$
Last years loss of Vaibhav $$ = 90 \times \frac{5}{9} = 50$$
James → | Last year | : | Present year |
3 | : | 5 |
3 ratio → 40
5 ratio → $$\frac{{200}}{3}$$
Vaibhav → | Last year | : | Present year |
2 | : | 3 |
2 ratio → 50
1 ratio → 25
3 ratio → 75
James | : | Vaibhav | |
Present year → | $$\frac{{200}}{3}$$ | : | 75 |
8 | : | 9 |
17 ratio → 357000
1 ratio → 21000
8 ratio → 168000
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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