A person A started a business with a capital of Rs. 3.5 Lakhs and after few months B joined him with a capital of 3 Lakhs. At the end of the year A and B shared the profit in the ratio 2 : 1. Then the number of months B’s capital is used in the business is
Amount invested by A=3.5 lakhs
Amount invested by B=3 lakh
Ratio in the profit = 2:1
Let B started after x months.
So, $$3.5\times 12 : 3\times x= 2:1$$
$$x=\dfrac{3.5\times 12}{3\times 2}$$
$$x=7 months$$
Create a FREE account and get: