Question
‘A’ invested Rs. 7500 for ‘x’
months while ‘B’ invested Rs. 1500 less amount than ‘A’ for (x + 4) months. If the ratio of the profits received by ‘A’ and ‘B’ is 11:12, respectively then find the value of ‘x’Solution
According to the question, respective ratio of the profits received by ‘A’ and ‘B’ is
7500x:{6000 × (x + 4)} = 11/12
=> 15x = 11x + 44
=> x = 11
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