TS ICET 2015 Question Paper with Solutions for online practice

Question : 104 of 200

Marks: +1, -0

In a joint business, A invests ₹ 20,000 for six months while B invested certain amount for the whole year. in the year and the profit of ₹ 9,000 the share of of A is ₹ 6,000.The amount (in rupees) invested by B is

8,000
6,000
5,000
4,000

Validate

Solution:

Ratio of equivalent capitals = Ratio of profits

∴{20000×6}/{B×12}=6000/3000

⇒B=\Rs.5000

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