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

    Question

    A starts business with Rs.5000 and after 7 months, B

    joins with A as his partner. After a year, the profit divided in the 6:7. What is B’s contribution in the capital?
    A Rs.16,000 Correct Answer Incorrect Answer
    B Rs.14,000 Correct Answer Incorrect Answer
    C Rs.10,400 Correct Answer Incorrect Answer
    D Rs.10,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let B’s capital be Rs x. Then, according to the question, ⇒  (5000 x 12)/5x = 6/7 ⇒  x = (5000 x 12 x 7)/(5 x 6) ⇒  x = Rs.14,000

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