Question
A invested Rs. ‘x’ for 1 month, then increased it by
Rs. 700 for the next four months and then left the partnership. B invested Rs. ‘x’ for the remaining period of the year. If the ratio of profits of A to B is 1 : 1, find ‘x’.Solution
ATQ, Amount invested by A for four months = Rs. (x + 700) According to the question, x × 1 + (x + 700) × 4 : 7x Or, (5x + 2800)/7x = 1/1 Or, 5x + 2800 = 7x Or, 2800 = 2x Or, x = Rs. 1400
A enters into a partnership with B and C to undertake a contract of construction of a building and divide the profits equally among them. This is
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