A starts business with Rs.3500 and after 6 months, B joins with A as his partner.
A starts business with Rs.3500 and after 6 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the Capital ?
Answer/Solution
10500
Steps/Work
Explanation:
A invested Rs.3500 for 12 months.
Let B joined with investment x. And he invested for 12 - 6 = 6 months.
So there profit ratio = (3500 × 12) : (6x) = 2 : 3
⇒ x = 10500
Answer: D
A invested Rs.3500 for 12 months.
Let B joined with investment x. And he invested for 12 - 6 = 6 months.
So there profit ratio = (3500 × 12) : (6x) = 2 : 3
⇒ x = 10500
Answer: D