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A and B both start a small business with an investment of Rs. 3500 and Rs. 4000 respectively. At the end of few months from the start of the business, A withdrew from the business completely and B remained for the year. If the annual profit was divided between A and B in the respective ratio of 7 : 12, then after how many months from the start of the business, did A leave the business?1). Eight2). Nine3). Ten4). Five |
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Answer» Solution Let A remained in the BUSINESS for $x$ months. Amount invested by A = Rs. 3500 Amount invested by B = Rs. 4000 Ratio of share in PROFIT received by A and B => $\FRAC{3500 \times x}{4000 \times 12} = \frac{7}{12}$ => $\frac{7 x}{8 \times 12} = \frac{7}{12}$ => $x = 8$ $\THEREFORE$ 8 months from the start of the business A left the business. |
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