Question
Ravi and Raj entered into a business where Ravi invested Rs. 9,000. Raj withdrew his capital after 6 months. If their profit ratio at the end of the year was 3:2, what was Rajβs investment?
Solution
ATQ,
Let Raj's investment = Rs. y
(9000 Γ 12) : (y Γ 6) = 3 : 2
β 108000 / (6y) = 3 / 2
β 18000 / y = 3 / 2
β y = 18000 Γ (2 / 3)
β y = Rs.12,000
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