Question
βMβ and βNβ started a business by investing Rs.
6,000 and Rs. 9,000 respectively. βxβ months later, they admitted βOβ as a partner who invested Rs. 12,000. If at the end of the year, the profit share of βMβ was Rs. 8,000 out of the total profit of Rs. 24,000, then find the value of βxβ.Solution
Let βOβ invested for βmβ months. So,
x = 12 β m Ratio of profit shares of βMβ, βNβ and βOβ
= (6000 Γ 12) : (9000 Γ 12) : (12000 Γ m) = 72 : 108 : 12m ATQ, 8000 / 24000 = 72 / (72 + 108 + 12m) 1 / 3 = 72 / (180 + 12m) 180 + 12m = 216 12m = 36 m = 3 So, x = 12 β 3 = 9
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