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Arvind began a business with 550 and was...

Arvind began a business with 550 and was joined afterwards by Brij with 330. When did Brij join, if the profits at the end of the year were divided in the ratio 10 : 3?

A

After 4 months

B

After 6 months

C

After 4.5 months

D

None of these

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AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine when Brij joined the business based on the information given about their investments and the profit-sharing ratio. ### Step-by-Step Solution: 1. **Identify the Investments:** - Arvind's investment = 550 - Brij's investment = 330 2. **Understand the Profit Sharing Ratio:** - The profits are shared in the ratio of 10:3 (Arvind:Brij). 3. **Let’s Assume Time Periods:** - Let the time Arvind invested the money be 12 months (1 year). - Let the time Brij invested the money be \( x \) months. 4. **Calculate the Effective Capital Contribution:** - The effective capital contribution is calculated by multiplying the capital invested by the time for which it is invested. - For Arvind: \( 550 \times 12 = 6600 \) - For Brij: \( 330 \times x \) 5. **Set Up the Equation Based on Profit Sharing Ratio:** - According to the profit-sharing ratio: \[ \frac{6600}{330x} = \frac{10}{3} \] 6. **Cross-Multiply to Solve for \( x \):** - Cross-multiplying gives: \[ 6600 \times 3 = 10 \times 330x \] - Simplifying this: \[ 19800 = 3300x \] 7. **Solve for \( x \):** - Dividing both sides by 3300: \[ x = \frac{19800}{3300} = 6 \] 8. **Interpret the Result:** - Since \( x = 6 \), this means Brij joined the business 6 months after Arvind started. ### Conclusion: Brij joined the business after 6 months.
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