Latest CAT Aptitude Question SOLUTION: Bill Ambani, a very clever businessman, started off a business with very little capital. In the first year, he earned a profit of 50% and donated 50% of the total capital to a char

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(#M40156607) CAT Numerical Ability question Keep an EYE

Bill Ambani, a very clever businessman, started off a business with very little capital. In the first year, he earned a profit of 50% and donated 50% of the total capital to a charitable organisation. The same course was followed in the 2nd and 3rd years also. If at the end of three years, he is left with Rs. 16875, then find the amount donated by him at the end of the 2nd year.

Asked In CAT Sniper (7 years ago)

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hina yamin  (7 years ago)

Let capital be x
So profit-=150*x/100=3x/2
Donate =0.5*3x/2=3x/4
Remaining =3x/4
Second year
50%*3x/4=9x/8
Donate =0.5*9x/8=9x/16
Remaing=9x/16
Thired year
1.5*9x/16=27x/64
Remaininfg27x/64
Atq he left with 16875
16875*64/24=40000
Seconde year he donate 9*40000/16=22500

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