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      Question

      ‘X’ invested Rs. 28000 in a business. ‘Y’ joined

      after ‘x’ months with an investment of Rs. 12000 less than ‘X’. If the ratio of the profits received by them after 2 years is 7:3, then find the time after which ‘Y’ 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
      E 10 months Correct Answer Incorrect Answer

      Solution

      Respective ratio of the profits received by ‘X’ and ‘Y’
      = (28000 × 24) : {16000 × (24 – x)} = 7/3
      Or, 24 – x = 10
      Or, x = 14 months

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