ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      The investments of A and B in a partnership are Rs. 6000

      and Rs. 10000. B withdraws 40% of initial investment after T months. If annual profit is Rs. 70000 and B received Rs. 40000 as share then find value of T.
      A 4 months Correct Answer Incorrect Answer
      B 5 months Correct Answer Incorrect Answer
      C 6 months Correct Answer Incorrect Answer
      D 12 months Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Investment of A = 6000 ├Ч 12 = Rs. 72000 Investment of B = 10000 ├Ч T + 6000 (12-T) ATQ: => 72000/(10000T + 72000 тАУ 6000T) = (70000 тАУ 40000)/40000 => 72/(10T + 72 тАУ 6T) = 3/4 => 72/(4T + 72) = 3/4 => 96 = 4T тАУ 72 => T = 24/4 = 6 months

      Practice Next
      More Partnership Questions

      Relevant for Exams:

      ask-question