A man invests 11 lacs in two business. In one business he finds a profit of 60 % whereas in second a loss of 50 %. How much his invest would be in the two business if it is given that he got no profit no loss.
OPtion
1) 4 lacs in first business
2) 5 lacs in first business
3) 7 lacs in second business
4) 4 lacs in second business
5) 5 lacs in second business
6) 6 lacs in first business
7) 3 lacs in first business
8) 3 lacs in second business
9) 8 lacs in first business
10) none of these
Solution
according to the given condition
x*0.6 = (11-x)*0.5
or 0.6x = 5.5 - 0.5x
or 1.1x = 5.5
or x = 5 lacs