A started business with Rs. 45,000 and B joined afterwards with Rs 30,000. At
the end of the year, the profit is divided in the ratio of 2:1 When did B join?
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Answer:
A started business with Rs. 45,000 and B joined after ward with 30,000. If the profit at the end of a year was divided in the ratio 2 : 1 respectively, then B would have joined A for business after.
A) 1 month
B) 2 month
C) 3 month
D) 4 month
Correct Answer:
C) 3 month
Description for Correct answer:
Capital of A (i) Rs. 45,000
Capital of B (ii) Rs. 30,000
Ratio of P1:P2=2:1
Now by using formula,
C1T1
C2T2
=
P1
P2
45000×12
30000×T2
=
2
1
T2=9
Then B would join business after (12 - 9) = 3 months
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