Suresh started a business by investing a certain amount of money. Rakesh joined him after four months by investing Rs. 50000. If after one year Suresh and Rakesh share the profit in the ratio of 10:8, how much capital did Suresh invest?
Answers
Given:
Suresh started a business by investing a certain amount of money.
Rakesh joined him after four months by investing Rs. 50000.
If after one year Suresh and Rakesh share the profit in the ratio of 10:8
To find:
How much capital did Suresh invest?
Solution:
Let "x" represents the amount of investment by Suresh.
The time of investment by Suresh = 12 months
The amount of investment by Rakesh = Rs. 50000
The time of investment by Rakesh = 12 - 4 = 8 months
We know that
Therefore, we can form an equation as:
Thus, Suresh invested capital of Rs. 41666.67.
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