Symbiosis National Aptitude Test SNAP 2012 Paper

Question : 8 of 150

Marks: +1, -0

Rahul started a business with a capital of ₹ 8,000. After six months, Sanjay joined him with investment of some capital.
If at the end of the year each of them gets equal amount as profit, how much did Sanjay invest in the business?

₹ 17,500
₹ 18,000
₹ 16,000
₹ 16,500

Validate

Solution:

Rahul started a business with a capital of ₹ 8000.
Let Sanjay invest ₹ x
Since, each of them gets equal amount as profit
∴ Profit divided in the ratio 1 : 1
Since, Sanjay joined Rahul after 6 months.
∴ We have
8000 × 12 : x × (12 – 6) = 1 : 1
⇒

{8000×12}/{6x}

1/1

⇒ 8000 × 12 = 6x ⇒ 16,000 = x
Hence, Sanjay invest ₹ 16,000 in the business.

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