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      Question

      ‘P’ invested Rs. 30000 in a business. ‘Q’ joined

      after ‘x’ months with an investment of Rs. 10000 less than ‘P’. If the ratio of the profits received by them after 2 years is 3:1, then find the time after which ‘Q’ joined.
      A 16 months Correct Answer Incorrect Answer
      B 14 months Correct Answer Incorrect Answer
      C 12 months Correct Answer Incorrect Answer
      D 20 months Correct Answer Incorrect Answer

      Solution


      Respective ratio of the profits received by ‘P’ and ‘Q’
      = (30000 × 24) : {20000 × (24 – x)} = 3/1
      Or, 24 – x = 8
      Or, x = 16 months

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