New RBI Grade B Notification Out - 94 Vacancies - Prepare with Us!

    Register

    Question

    A starts business with Rs.6000 and after 9 months, B joins with A as his partner. After a year, the profit divided in the 3:5. What is B’s contribution in the capital?

    A Rs.26,880 Correct Answer Incorrect Answer
    B Rs.36,000 Correct Answer Incorrect Answer
    C Rs.50,400 Correct Answer Incorrect Answer
    D Rs.40,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let B’s capital be Rs x. Then, according to the question, ⇒  (6000 x 12)/3x = 3/5 ⇒  x = (6000 x 12 x 5)/(3 x 3) ⇒  x = Rs.40,000

    Practice Next