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

    Question

    A launched a business by investing Rs. 1920. Later, B

    joined the venture, contributing Rs. 2280. At the year's end, the total profit was Rs. 8600, with A's share amounting to Rs. 4800. Determine the duration of B's investment in the business.
    A 7 months Correct Answer Incorrect Answer
    B 6 months Correct Answer Incorrect Answer
    C 8 months Correct Answer Incorrect Answer
    D 5 months Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let B made his investment for ‘x’ months According to question; (1920 × 12)/(2280 × x) = 4800/(8600 – 4800) = 24/19 Or, (16 × 12)/(19 × x) = 24/19 Or, x = 8

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