📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    ‘A’ started a business by investing Rs. 2000. 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. 45,000, 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):(8 × x) Profit share of ‘A’ = 45000 – 20000 = Rs. 25,000 ATQ; {8x/(12 × 2000)} = (20000/25000) => 8x = 19200 So, x = 2400

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question