Question
A invested Rs X in a scheme. After 6 months, B
joined with Rs 1000 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7. Find the value of X.Solution
Profit of B/Total Profit = 3/7 = ((X + 1000 )×6)/(X × 12 + (X + 1000 ) × 6)
9X + 3000 = 7X + 7000
2X = 4000
X = 2000
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