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A invested 17800 for 12 months. B invested a certain amount for 6 months and further increased the amount by 500 for the next 6 months. The ratio of profit for A and B at the end of the year is 26/25. Find the initial amount invested by B?1. 168652. 109863. 159894. 18945 |
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Answer» Correct Answer - Option 1 : 16865 Given: A invested 17800 for 12 months. B invested a certain amount for 6 months and further increased the amount by 500 for the next 6 months. The ratio of profit for A and B at the end of the year is 26/25.. Formula: Ratio of Profit = ratios of product of Amount invested and time Calculation: ATQ, Profit sharing ratio = investment × time Let B invested Rs x initially A/B= 17800 × 12/6x + (x + 500) × 6 = 26/25 213600/12x + 3000 = 26/25 5340000 = 26(12x + 3000) x = 5262000/312 = 16865 |
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