A starts a business with a capital of Rs. 85,000. B joins in the business with Rs.42500 after some time. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?Options5786
Question
A starts a business with a capital of Rs. 85,000. B joins in the business with Rs.42500 after some time. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?Options5786
Solution
Let's solve the problem step by step:
- We know that A starts the business with a capital of Rs. 85,000.
- B joins the business after some time with a capital of Rs. 42,500.
- The profits at the end of the year are divided in the ratio of 3:1 between A and B.
- To find out for how much period B joins the business, we need to calculate the ratio of their capitals.
- The ratio of A's capital to B's capital is 85,000 : 42,500, which simplifies to 2:1.
- Since the profit ratio is 3:1, we can conclude that B joined the business for 1/3 of the year.
- To calculate the period for which B joined, we need to multiply the total time period by the fraction representing B's share of the profit ratio.
- Let's assume the total time period is T.
- B's share of the profit ratio is 1/4 (1 out of 4 parts).
- So, B joined the business for (1/4) * T.
- We need to find the value of T.
- Since B joined the business for 1/3 of the year, we can set up the equation: (1/4) * T = (1/3) * T.
- Solving this equation, we find that T = 12.
- Therefore, B joined the business for (1/4) * 12 = 3 months.
So, B joined the business for 3 months.
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