Question
A started a business with an investment of Rs.40000.
After few months B joined him with an investment of Rs.45000. If at the end of the year, they share the profit in the ratio of (A:B) 15:16, then find after how much time B joined the business?Solution
Let B invested for ‘m’ months. According to the question, => (40000 x 12)/(45000 x m) = 16/15 => m = 10 months So, the required time = 12 – 10 = 2 months
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