Question

Ram starts a business with rs. 3900. After 3 months, shayam joins as a partner with a capital of rs. 4200 again after some months mohan joins as a partner with a capital of rs. 6500. The total profit of one year is rs.2900 but mohan already has withdrawn rs. 100 per month from his profit so the remaining profit was divided in the ratio of 6: 6: 1 respectively. Find for how many months does mohan join?

Answer 1

Explanation:

Opening stock rs 10000 purchases rs 110000 closing stock rs 20000 find out total sales if profit margin is 30% on cost of sales