Question
βAβ and βBβ started a business by investing Rs.
8,000 and Rs. 10,000 respectively. βxβ months later, they admitted βCβ as a partner who invested Rs. 6,000. If at the end of the year, the profit share of βAβ was Rs. 9,600 out of the total profit of Rs. 24,000, then find the value of βxβ.Solution
Let βCβ invested for βmβ months. So,
x = 12 β m Ratio of profit shares of βAβ, βBβ and βCβ
= (8000 Γ 12) : (10000 Γ 12) : (6000 Γ m) = 96 : 120 : 6m ATQ, 9600 / 24000 = 96 / (96 + 120 + 6m) 2 / 5 = 96 / (216 + 6m) 216 + 6m = 240 6m = 24 m = 4 So, x = 12 β 4 = 8
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