Select the correct answerX starts a business with Rs.4000. Y joins in the business after 2 months with Rs.5500. At the end of 8 months the profit was distributed between them what part of the total profit was share of X?Options 3255 3265 3365
Question
Select the correct answerX starts a business with Rs.4000. Y joins in the business after 2 months with Rs.5500. At the end of 8 months the profit was distributed between them what part of the total profit was share of X?Options 3255 3265 3365
Solution
The problem is about the distribution of profit in a partnership. The share of profit in a partnership is divided according to the capital invested and the time period for which the capital was invested.
Here, X starts a business with Rs.4000 and stays in the business for 8 months. So, X's share in the business is 4000 * 8 = 32000.
Y joins the business after 2 months with Rs.5500 and stays in the business for the remaining 6 months. So, Y's share in the business is 5500 * 6 = 33000.
The total share in the business is 32000 (X's share) + 33000 (Y's share) = 65000.
So, the part of the total profit that was X's share is 32000 / 65000 = 0.4923 or 49.23%.
However, the options provided are all numerical values, not percentages. It seems there might be some information missing or a mistake in the question, as we cannot determine X's share of the profit without knowing the total amount of profit.
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