Partnership Practice Test 3

Question : 8 of 40

Marks: +1, -0

Arvind began a business with Rs 550 and was joined afterwards by Brij with Rs 330. When did Brij join if the profit at the end of the year was divided in ratio 10 : 3?

After 4 months
After 6 months
After 4.5 months
None of these

Validate

Solution:

Ratio of investment of Arvind and Brij
= 550 : 330
= 55 : 33
= 5 : 3
Profit ratio = 10 : 3
Time when Brij joined the business = x

(5/8 ×12):(3/8×x)=10:3

60/8×8/{3x}=10/3

x=6

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