New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    A started a business with an investment of Rs.1400. After some months, B joins the business with an investment of Rs.2400 and after two more months C joins the business with Rs.2400. If the annual profit share of A and B is equal, then find for how many months C invested his money?

    A 2 Correct Answer Incorrect Answer
    B 3 Correct Answer Incorrect Answer
    C 4 Correct Answer Incorrect Answer
    D 5 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let B joined after ‘x’ months. => 1400 x 12 : (12 - x) x 2400 : 1400 x (12 – x – 2) => 1400 x 12 : (12 - x) x 2400 : 1400 x (10 – x) => 1400 x 12 = (12 - x) x 2400 => 12 – x = 7 => x = 5 C invested his money = 10 – x = 5 months

    Practice Next