New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    ‘A’ started a business by investing Rs. 2000. Three

    months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 18,000 as profit out of total profit of Rs. 30,000, then find the value of ‘x’.
    A 3750 Correct Answer Incorrect Answer
    B 2000 Correct Answer Incorrect Answer
    C 2400 Correct Answer Incorrect Answer
    D 4000 Correct Answer Incorrect Answer
    E 1600 Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘A’ and ‘B’ = (2000 × 12):(9 × x) Profit share of ‘A’ = 30000 – 18000 = Rs. 12,000 ATQ; {9x/(12 × 2000)} = (18000/12000) => 9x = 36000 So, x = 4000

    Practice Next