Question
A invested Rs X in a scheme. After 6 months, B
joined with Rs 5500 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 + 5500 )×6)/(X × 12 + (X + 5500 ) × 6)
9X + 16500 = 7X + 38500
2X = 22000
X = 11000
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