Question
βAβ launched a business with an initial investment
of Rs. 12,000. After βMβ months, βBβ became a partner by contributing Rs. 20,000. By the end of the year, the total profit was Rs. 6,100, out of which βBβ received Rs. 2,500. Determine the number of months βMβ after which βBβ joined the business.Solution
Ratio of profit shares of βAβ and βBβ = (12000 Γ 12):{(12 β M) Γ 20000} = 36:(60 β 5M) Profit share of βAβ = 6100 β 2500 = Rs. 3,600 ATQ; {36/(60 β 5M)} = (3600/2500) Or, 60 β 5M = 36 Γ (25/36) Or, 5M = 35 Or, M = 7
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