Partnership Practice Test 4

Question : 7 of 26

Marks: +1, -0

A began a business with Rs 1,00,000. He was joined afterwards by B with a capital of Rs 1,50,000. If at the end of 2 years, the total profit earned is in the ratio 8 : 7, then find the time for which B joined.

14 months
15 months
16 months
18 months
20 months

Validate

Solution:

Let B joined the business after x months.
Then,

{1,00,000 ×24} / {1,50,000 × x} =8/7

1,50,000 × x × 8 = 1,00,000 × 24 × 7

x={1,00,000×24×7}/{1,50,000×8}=14

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