John, Mona and Gordon, three US based business partners, jointly invested in a business project to supply nuclear fuel to India. As per their share in the investment, Gordon will receive 2/3 of the profits whereas John and Mona divide the remainder equally. It is estimated that the income of John will increase by $60 million when the rate of profit rises from 4% to 7%. What is Mona's capital? (M.B.A., 2009)

John, Mona and Gordon, three US based business partners, jointly invested in a business project to supply… · ABC26GN3260

Subject: General Aptitude · Chapter: Partnership · Exam: M.B.A. 2009

John, Mona and Gordon, three US based business partners, jointly invested in a business project to supply nuclear fuel to India. As per their share in the investment, Gordon will receive $\frac{2}{3}$ of the profits whereas John and Mona divide the remainder equally. It is estimated that the income of John will increase by \$60 million when the rate of profit rises from 4% to 7%. What is Mona's capital? (M.B.A., 2009)

(a)$\$$ 2000 million

(b)$\$$ 3000 million

(c)$\$$ 5000 million

(d)$\$$ 8000 million

Answer

Answer (as printed): A

Explanation

No explanation was printed for this question.

Study loop for Partnership

1. Practise the PYQsPrevious-year questions, with answers

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