Question
'A' and 'B' started a business by investing Rs. 2,000
and Rs. 5,000, respectively. Ten months later, 'C' joined by investing Rs. 'P'. If at the end of the year, the profit was divided among 'A', 'B' and 'C' in ratio 4:10:3, respectively, then find the value of 'P'.Solution
Ratio of profit shares of 'A', 'B' and 'C' at the end of the year = (2000 * 12) : (5000 * 12) : (2 * P) = 12000 : 30000 : P ATQ: (30000/P) = (10/3) Or, (30000/P) = (10/3) Or, 90000 = 10P So, P = 9000
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