Question
βRβ invested Rs. 20000 in a business. βSβ joined
after βxβ months with an investment of Rs. 4000 less than βRβ. If the ratio of the profits received by them after 2 years is 5:2, then find the time after which βSβ joined.Solution
Respective ratio of the profits received by βRβ and βSβ
= (20000 Γ 24) : {16000 Γ (24 β x)} = 5/2
Or, 24 β x = 12
Or, x = 12 months
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