Practicing Success
Aman began a business with ₹45,000 and was joined afterwards by Ashish with ₹30,000. When did Ashish join if the profit at the end of the year was divided in the ratio 2 : 1? |
After 2 months After 6 months After 3 months After 9 months |
After 3 months |
Investment of Aman = ₹45,000 Investment of Ashish = ₹30,000 Ashish Aman Investment ₹45,000 ₹30,000 Time 12 x --------------------------------------- Profit 36 2x 2m : 1m ( Given) Now, 2m = 36 m = 18 Now, 2x = 18 x = 9 So, Aman invested for 9 months or we can say that he invested for 3 months. |