S. Rohit estheted a business with Rs75000 and after some monthsSimran joined hive with Rs 60000.of the prokit at the end of theyear is divided in the ratio 3:1then after how many monthsdid Simran join Rohit?
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Hey Dear,
◆ Answer -
7 months
● Explaination -
Profit shared by Rohit & Simran will depend upon money & time invested by them.
Profit ∝ investment × time
Let x be no of months Simran was involved in business. Ratio of their profits will be -
Rohit / Simran = (12 × 75000) / (x × 60000)
3 / 1 = (12 × 75000 / 60000) / x
x = (12 × 75000) / (60000 × 3)
x = 5 months
Therefore, Simran joined business venture after 12 - 5 = 7 months.
Thanks...
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