Question
βXβ invested Rs. 28000 in a business. βYβ joined
after βxβ months with an investment of Rs. 12000 less than βXβ. If the ratio of the profits received by them after 2 years is 7:3, then find the time after which βYβ joined.Solution
Respective ratio of the profits received by βXβ and βYβ
= (28000 Γ 24) : {16000 Γ (24 β x)} = 7/3
Or, 24 β x = 10
Or, x = 14 months
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