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A and B start a business jointly. A inve...

A and B start a business jointly. A invests Rs. 16,000 for 8 months and remains B in the business for 4 months. Out of total profit, B claims `2/7` of the profit. How much money was contributed by B ?

A

Rs. 10,500

B

Rs. 11,900

C

Rs. 12,800

D

Rs. 13,600

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine how much money B contributed to the business based on the information provided. Here's a step-by-step solution: ### Step 1: Calculate A's Investment Contribution A invests Rs. 16,000 for 8 months. The contribution of A in terms of capital months is calculated as follows: \[ \text{A's Contribution} = \text{Capital} \times \text{Time} = 16000 \times 8 = 128000 \text{ capital months} \] ### Step 2: Set Up the Equation for B's Contribution Let B's investment be Rs. X. Since B invests for 4 months, the contribution of B in terms of capital months is: \[ \text{B's Contribution} = X \times 4 \] ### Step 3: Determine the Profit Sharing Ratio According to the problem, B claims \( \frac{2}{7} \) of the total profit. Therefore, A's share of the profit will be: \[ \text{A's Share} = 1 - \frac{2}{7} = \frac{5}{7} \] ### Step 4: Set Up the Ratio of Contributions The ratio of A's and B's contributions can be equated to their shares of the profit: \[ \frac{\text{A's Contribution}}{\text{B's Contribution}} = \frac{\text{A's Share}}{\text{B's Share}} \] Substituting the values we have: \[ \frac{128000}{X \times 4} = \frac{5/7}{2/7} \] ### Step 5: Simplify the Right Side The right side simplifies as follows: \[ \frac{5/7}{2/7} = \frac{5}{2} \] ### Step 6: Set Up the Equation Now we have: \[ \frac{128000}{X \times 4} = \frac{5}{2} \] Cross-multiplying gives: \[ 128000 \times 2 = 5 \times (X \times 4) \] This simplifies to: \[ 256000 = 20X \] ### Step 7: Solve for X Now, divide both sides by 20 to find X: \[ X = \frac{256000}{20} = 12800 \] ### Conclusion B contributed Rs. 12,800 to the business.
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