Question
Soham and Tanmay started a firm. Soham invested Rs. 12,000
for the whole year, and Tanmay withdrew after 8 months. If the profit at year-end was divided in the ratio 6:5, what amount did Tanmay invest?Solution
ATQ,
Let Tanmay’s investment = y
(12000 Ă— 12) : (y Ă— 8) = 6 : 5
→ 144000 / (8y) = 6 / 5
→ 18000 / y = 6 / 5
→ y = 18000 × (5 / 6)
→ y = Rs. 15,000
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