Question

‘A’ started a business by investing Rs. 1000. Three months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 12,000 as profit out of total profit of Rs. 20,000, 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’ = (1000 × 12):(9 × x) Profit share of ‘A’ = 20000 – 12000 = Rs. 8,000 ATQ; {9x/(12 × 1000)} = (12000/8000) => 9x = 18000 So, x = 2000

Practice Next

Relevant for Exams:

×
×