ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    Arjun Singh invested Rs. 12,000 to start a business.

    After 'M' months, Bhagat Singh joined him with an investment of Rs. 20,000. At the end of one year, the total profit was Rs. 6,100, out of which Bhagat Singh's share was Rs. 2,500. Determine the value of 'M'.
    A 5 Correct Answer Incorrect Answer
    B 7 Correct Answer Incorrect Answer
    C 6 Correct Answer Incorrect Answer
    D 8 Correct Answer Incorrect Answer
    E 4 Correct Answer Incorrect Answer

    Solution

    Ratio of profit shares of Arjun Singh and Bhagat Singh = (12000 x 12) :{(12 - M) x 20000} = 36:(60 - 5M) Profit share of Arjun Singh = 6100 - 2500 = Rs. 3,600 ATQ; {36/(60 - 5M) } = (3600/2500) Or, 60 - 5M = 36 x (25/36) Or, 5M = 35 Or, M = 7

    Practice Next
    More Partnership Questions
    ask-question