Rahim started a business by investing Rs
60, 000 and after 8 months Sarfaraj
joined the business. If at the end of 2
years Sarfaraj received 2000 Rs out of
5000 Rs as profit. What is the amount
invested by Sarfaraj?
Answers
Answer:₹40,000.
step by step explanation:
Amount invested by Rahim=₹60,000
Rahim has run the business for 2 years.
Let the amount invested by Sarfaraj be x.
Sarfaraj has been in the business for=2 years- 8 months.
=24 months- 8 months.
=16 months.
Rahim sarfaraj
Time = 24 months. 16 months.
Investment=. ₹60,000. X
By cross multiplication method,
60,000×16=24×X.
X=60,000×16÷24
Therefore, X=₹40,000. Therefore, the amount invested by Sarfaraj
=₹40,000.