Question
A started a business with Rs. 4000 and B joined him later with a capital of Rs. 12000. If at the end of the
A started a business with Rs. 4000 and B joined him later with a capital of Rs. 12000. If at the end of the year, they both get an equal share of the profit, how many months after the business started did Bjoin it? 1. 4 months 2. 6 months 3. 8 months 4. 9 months 5. 10 months
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Solution 3 Let the time for which B invested be x months Since bot...Get Instant Access to Expert-Tailored Solutions
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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