GATE ME 2019 Set 1 — Question 7
Go beyond PYQs with Success TrackerAI-powered personalised practice and doubt support. Unlimited practice on eligible plans; AI usage limits apply.MCQ+2 / -0.67MediumSimple & Compound InterestQuantitative AptitudeGeneral AptitudeRatios, Percentages, Powers, Exponents & Logarithms
General Aptitude → Quantitative Aptitude → Ratios, Percentages, Powers, Exponents & Logarithms
Last updated
Question
A person divided an amount of Rs. 100,000 into two parts and invested in two different schemes. In one he got 10% profit and in the other he got 12%. If the profit percentages are interchanged with these investments he would have got Rs. 120 less. Find the ratio between his investments in the two schemes.
Correct answer
(D) 47: 53
Solution
Let the investments in the two schemes be and respectively.
Total investment: --- (1)
Profit in the first case:
Profit in the second case (interchanged):
Given that :
--- (2)
Adding equations (1) and (2):
Substituting in (1):
The ratio between the investments is .
Total investment: --- (1)
Profit in the first case:
Profit in the second case (interchanged):
Given that :
--- (2)
Adding equations (1) and (2):
Substituting in (1):
The ratio between the investments is .
Continue learning with Success Tracker
A step still unclear? Work through it with support
Use Success Tracker to ask about the reasoning, then try another GATE ME question to check your understanding.
AI-powered practice· Unlimited practice on eligible plans
- PYQs with solutions
- Attempt available previous-year questions, then compare your reasoning with the worked solution. Coverage varies by stream.
- Practice that adapts
- Choose a topic, work on weaker areas and bookmark questions to revisit. Your attempts feed your progress tracking.
- AI doubt support
- Ask follow-up questions about a step or concept while practising, instead of stopping at the final answer.
Unlimited practice is available on eligible plans. Free practice and AI usage have limits; check the current plan allowances before choosing.
This page stays readable without an account. AI responses can be wrong; check them against the solution and source material.
More questions on Quantitative Aptitude
2026 Set 1 Q1‘The team ____ more than 300 runs in 20 overs _________ rains. However, some players needed to…2026 Set 1 Q2If a positive real satisfies the following equation then…2026 Set 1 Q3The next figure (indicated by ‘?’) in the sequence is [figure]2026 Set 1 Q4‘All the mangoes in the basket are good.’ If the above statement is false, then which one of…2026 Set 1 Q5Consider the following statements about four numbers: (S1) The average of the four numbers is 25…