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Start learning 50% faster. Sign in nowLet the number of months for which Ramesh invested his money = ‘Y’ months Ratio of profit shares of Ashish and Ramesh = (7700 × 12):(8000 × Y) = 92400:8000Y = 231:20Y Let profit share of Ramesh be Rs. ‘100a’ So, profit share of Ashish = 1.05 × 100a = Rs. ‘105a’ ATQ; (231/20Y) = (105a/100a) So, Y = 11 Therefore, Ramesh joined the business (12 – Y) = 1 months after Ashish.
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