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      Question

      Priya and Anjali began a partnership investing Rs. 2000 and

      Rs. 3000 respectively. After 6 months, Neha joined them with Rs. β€˜x’. If Priya gets Rs. 500 as profit out of Rs. 1500, find the value of β€˜x’.
      A 5000 Correct Answer Incorrect Answer
      B 9500 Correct Answer Incorrect Answer
      C 2000 Correct Answer Incorrect Answer
      D 6500 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Investment ratio = 2000 : 3000 : x

      Profit share = (2000 Γ— 12) : (3000 Γ— 12) : (x Γ— 6)= 24000 : 36000 : 6x= 4000 : 6000 : x

      Now,

      [4000 / (4000 + 6000 + x)] = 500 / 1500

      10000 + x = 12000

      x = 2000

      So, the value of β€˜x’ is Rs. 2000

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