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    Question

    Amit and Anil started a business together such that

    Amit’s investment is Rs. 2,000 more than Anil’s. Anil left the business after 6 months. If the ratio of their profit shares at the end of 12 months is 11:6, find Amit’s investment.
    A Rs.21,000 Correct Answer Incorrect Answer
    B Rs.26,000 Correct Answer Incorrect Answer
    C Rs.36,000 Correct Answer Incorrect Answer
    D Rs.42,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the investment of Anil be Rs. 'p'.
    Investment of Amit = Rs. (p + 2,000)
    Ratio of profit shares of Amit and Anil respectively = [(p + 2,000) × 12] : [p × 6]
    So, (12p + 24,000) : 6p = 11 : 6
    Or, 72p + 1,44,000 = 66p
    Or, 6p = 1,44,000
    Or, 'p' = 24,000
    Therefore, required investment = 24,000 + 2,000 = Rs. 26,000

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