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    Question

    Akash and Bheem started a business together with

    investments of Rs. 2400 and Rs. 3600, respectively. After four months, Chetna joined them with investment of Rs. β€˜p’. If the profit earned by Akash after one year is Rs. 600 out of the total profit of Rs. 1700, then find the value of β€˜p’.
    A 1200 Correct Answer Incorrect Answer
    B 9500 Correct Answer Incorrect Answer
    C 2000 Correct Answer Incorrect Answer
    D 6500 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of investments of Akash : Bheem : Chetna = 2400 : 3600 : p

    Ratio of profit share of Akash : Bheem : Chetna = (2400 Γ— 12) : (3600 Γ— 12) : (p Γ— 8)= 28800 : 43200 : 8p= 3600 : 5400 : p

    So, [3600 / (3600 + 5400 + p)] = 600 / 1700

    9000 + p = 10200

    p = 1200

    So, the value of β€˜p’ is Rs. 1200

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