New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    TYPE 11

    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) 5:6, then find after how much time B joined the business?
    A 5 months Correct Answer Incorrect Answer
    B 3 months Correct Answer Incorrect Answer
    C 6 months Correct Answer Incorrect Answer
    D 8 months Correct Answer Incorrect Answer
    E 4 months Correct Answer Incorrect Answer

    Solution

    Let B invested for ‘m’ months. According to the question, => (12000 x 12)/(15000 x m) = 6/5 => m = 8 months So, the required time = 12 – 8 = 4 months

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