‘A’ started a business by investing Rs.
2500. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 20,000 as profit out of total profit of Rs. 40,000, then find the value of ‘x’.
A3750Correct AnswerIncorrect Answer
B2000Correct AnswerIncorrect Answer
C2400Correct AnswerIncorrect Answer
D4000Correct AnswerIncorrect Answer
Solution
Ratio of profit share of ‘A’ and ‘B’ = (2500 × 12):(8 × x) Profit share of ‘A’ = 40000 – 20000 = Rs. 20,000 ATQ; {8x/(12 × 2500)} = (20000/20000) => 8x = 30000 So, x = 3750