New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A started a business with an investment of Rs.32000.

    After few months B joined him with an investment of Rs.40000. If at the end of the year, they share the profit in the ratio of (A:B) 15:16, then find after how much time B joined the business?
    A 5 months Correct Answer Incorrect Answer
    B 3 months Correct Answer Incorrect Answer
    C 6 months Correct Answer Incorrect Answer
    D 2 months Correct Answer Incorrect Answer

    Solution

    Let B invested for ‘m’ months. According to the question, => (32000 x 12)/(40000 x m) = 16/15 => m = 9 months So, the required time = 12 – 9 = 3 months

    Practice Next