Question

Chandru started a business with Rs.42000 and is joined later by Dinesh with Rs.60000. After how many months did Dinesh join if the profits at the end of the year were divided equally?

Answer 1

Answer:

3.6 months

Step-by-step explanation:

Let us assume that Dinesh joined after 'x' months.

Given that profits at the end of the year were divided equally.

Hence, we can assume that the total profit earned by Chandru in 12 months(1 year) is equal to total profit earned by Dinesh in 12-x months.

Therefore, 42000 * 12 = 60000 * (12-x)

On simplification we get, x = 18/5 months.

i.e., x = 3.6 months.

Hence, we can conclude that, Dinesh joined after 3.6 months.