Partnership Practice Test 4

Question : 1 of 26

Marks: +1, -0

Rakesh started a business by investing a certain capital. After sometime, Prakash joined him with Rs 50,000. How much capital was invested by Rakesh if at the end of the year, the total profit was Rs 9,600?

Rs 5,500
Rs 45,000
Rs 30,000
Cannot be determined
Rs 18,008

Validate

Solution:

Let Rakesh invested Rs x.
and Prakash joined for y months
According to the question,

{x×12}/{50000×y}=9600

Clearly, this question cannot be determined.

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