Question
A started a business with an investment of Rs.12000.
After few months B joined him with an investment of Rs.15000. If at the end of the year, they share the profit in the ratio of (A:B) 16:15, then find after how much time B joined the business?Solution
Let B invested for ‘m’ months. According to the question, => (12000 x 12)/(15000 x m) = 16/15 => m = 9 months So, the required time = 12 – 9 = 3 months
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