Question 63

Rahul started a business with a capital of Rs 8,000. After six months, Sanjay joined him with an 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?

Solution

Let the investment made by Sanjay be x rs.

Rahul capital * Number of months invested = Sanjay capital * Number of months invested 

8000*12 = x*6 (since Sanjay joined after 6 months)

x= Rs. 16000


Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 40+ previous papers with solutions PDF
  • Top 500 MBA exam Solved Questions for Free

cracku

Boost your Prep!

Download App