Out of a total profit of Rs 19,600, B received Rs 10,000 as his share. If A invested Rs 8,000 for 6 months while B invested his amount for 5 months, then what is the amount invested by B?
Explanation:
Profits ratio = 8000*6 : x*5 = 9600 : x
So
[x/(9600+x)] * 19,600 = 10,000
Solve, x = 10,000