1000 students of a management course are divided in two groups, the first group contains 60% students and the second gro

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Q 2370480316.     1000 students of a management course are divided in two groups, the first group contains 60% students and the second group contains 40% students. Each person in both the groups is given Rs 10000 and asked to maximize the amount in 24 hours. The first group earned a profit of 10% and the second group earned 8%. Find the change in the profit percentage, if the ratio of students in two groups gets reversed, total number of students and the profit of each group remaining the same.
IBPS-PO 2017 Mock Mains
A

5.68%

B

3.22%

C

4.35%

D

4.68%

E

2.75%

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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