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    Question

    A started a venture with Rs. (P + 1500). After 6 months, B

    entered with Rs. 2P. If the ratio of B’s profit share to A’s is 6:7, find (P − 500).
    A 4,400 Correct Answer Incorrect Answer
    B 8,500 Correct Answer Incorrect Answer
    C 3,750 Correct Answer Incorrect Answer
    D 1,460 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of A and B respectively:

    = [(P + 1500) × 12] : [2P × 6]

    = (P + 1500) × 12 : 12P

    = (P + 1500) : P

    ATQ;

    (P + 1500) : P = 7 : 6

    Or, P + 1500 = (7/6)P

    Or, 6P + 9000 = 7P

    Or, P = 9000

    Required value = 9000 − 500 = 8500

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