A started a business by investing 26000 after 3 months b joined him with rs 16000 after some more time c joined them with rs 25000 at the end of the year out of a total profit of rs 15453 c gets rs 3825 as his share how many months after b joined the business did c join
Answers
A started a business by investing 26000 after 3 months b joined him with rs 16000 after some more time c joined them with rs 25000 at the end of the year out of a total profit of rs 15453 c gets rs 3825 as his share how many months after b joined the business did c join
Total investment period = 1 Year = 12 months
A started so A invested for 1 Year = 12 month
A invested = Rs 26000
A effective investment = 26000 * 12 = Rs 312000
B joined after 3 months so B investment period = 12 - 3 = 9 Months
B invested = Rs 16000
B effective investment = 16000 * 9 = Rs 144000
Let say C joined after x months of b joined then
c investment period = 9 - x months
C invested = Rs 25000
C effective investment = 25000 * (9-x) = Rs 225000 - 25000x
Total investment = 312000 + 144000 + 225000 - 25000x
= Rs 681000 - 25000x
C investment = Rs 225000 - 25000x
C Profit Share = Rs 3825
Total Profit = 15453
=> C investment / Total investment = C profit/Total Profit
=> (225000 - 25000x)/(681000 - 25000x) = 3825/15453
=> 25(9000 - 1000x)/(681000 - 25000x) = (153 * 25) /(153 * 101)
=> (9000 - 1000x)/(681000 - 25000x) = 1 /101
=> 909000 - 101000x = 681000 - 25000x
=> 228000 = 76000 x
=> 228 = 76x
=> x = 3
so C joined 3 months after the b joined the business