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A started business with ₹ 45000 and B jo...

A started business with ₹ 45000 and B joined after ward with ₹ 30000. If the profits at the end of one year were divided in the ratio 2:1 respectively, then B would have joined A for business after:

A

1 month

B

2 months

C

3 months

D

4 months

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to determine how long B was in the business with A, given the profits were divided in the ratio of 2:1. ### Step 1: Understand the Investment A started the business with ₹45,000 and B joined later with ₹30,000. ### Step 2: Define the Time Periods Let’s denote the time A invested in the business as 12 months (1 year). If B joined after x months, then B's investment period is (12 - x) months. ### Step 3: Calculate the Effective Capital Contribution The effective capital contribution can be calculated by multiplying the amount invested by the time period for which it was invested. - A's contribution = ₹45,000 * 12 months = ₹540,000 - B's contribution = ₹30,000 * (12 - x) months = ₹30,000 * (12 - x) ### Step 4: Set Up the Ratio According to the problem, the profits are divided in the ratio of 2:1. This means: \[ \frac{A's \ Contribution}{B's \ Contribution} = \frac{2}{1} \] Substituting the contributions into the ratio gives us: \[ \frac{540,000}{30,000 \times (12 - x)} = \frac{2}{1} \] ### Step 5: Cross-Multiply to Solve for x Cross-multiplying gives: \[ 540,000 = 2 \times 30,000 \times (12 - x) \] This simplifies to: \[ 540,000 = 60,000 \times (12 - x) \] ### Step 6: Divide Both Sides by 60,000 Dividing both sides by 60,000: \[ 9 = 12 - x \] ### Step 7: Solve for x Rearranging gives: \[ x = 12 - 9 = 3 \] ### Conclusion B joined A for business after 3 months.
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