Question
'Kevin' began a business with Rs.14,000. 'Liam' joined after 'c' months with Rs.21,000. Given their profit ratio by year-end was 14:21, find c2+16.
Solution
ATQ, 'Liam' came in after 'c' months, so his investment time = 12−c months. Profit sharing ratio = 14000×12 : 21000×(12−c) = 14:21 Or, 12−c=8 Thus, c=12−8=4 Therefore, required value = c2+16=42+16=16+16=32
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