Multiple Choice Questions on A started a business by investing Rs 42000 After few months B joined by investing Rs 49 000 If at th........... for IBPS RRB - Officers Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A started a business by investing Rs. 42000. After few months B joined by investing Rs. 49,000. If at the end of Year A got Rs. 9000 and B got Rs. 7,000 as a share of their profit. Then after how many months. A joined the business.

    1 month

    Incorrect Answer

    4 months

    Correct Answer

    2 months

    Incorrect Answer

    3 months

    Incorrect Answer
    Explanation:

     Capital invested by A = Rs. 42,000
    Capital invested by A = Rs. 49,000
    Ratio of profits of B and A = 900 : 700 = 9 : 7
    we know,
    42,000 × 12/49,000 × T2 = 9/7
    T2 = 8 months
    It means B invested his capital for 8 months.
    It means he joined business after (12-8 = 4) months


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