A starts a business with an investment of
Rs 72000. After T months, B joined him
with an investment of Rs 60000. If at the
end of the year profit share of B is Rs 6500
out of total profit of Rs 25220, then find
the value of T.
Answers
Given:
A starts a business with an investment of Rs. 72000
After T months, B joined him with an investment of Rs. 60000
If at the end of the year profit share of B is Rs 6500 out of the total profit of Rs. 25220
To find:
The value of T
Solution:
So,
The profit share of A is,
= [Total Profit] - [Profit share of B]
= Rs. 25200 - Rs. 6500
= Rs. 18700
Also, B has joined A after "T" months so, B's time of the investment in the business will be "12 - T" months.
We have the formula as:
Therefore, we can say that,
on substituting the given values
Thus, the value of T is 7 months.
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