L and K started a business by investing in the ratio 7:9, respectively. Two months later, J joined them by investing Rs. 100,000. If at the end of the year, the profits were divided among L, K, and J in the ratio 7:9:8, respectively, then find the amount invested by K.
ATQ, Let the sum invested by L and K be Rs. '7x' and Rs. '9x', respectively. Ratio of profit shares of L, K, and J, respectively, at the end of the year: = (7x X 12) : (9x X 12) : (100000 X 10) = 7x : 9x : 1000000 ATQ: (9x / 1000000) = (9 / 8) Or, x = 125000 So, sum invested by K = Rs. '9x' = 9 X 125000 = Rs. 1,125,000
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