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A & B entered into a business by investi...

A & B entered into a business by investing total capital of Rs 17000. B withdraws Rs 1500 after 6 months and gets Rs 8100 as profit of Rs 19500 at the end of year . Find capital of B after 6 months from starting .

A

A)Rs 7000

B

B)Rs 9500

C

C)Rs 7500

D

D)Rs 6000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the logical flow of the information provided in the question. ### Step 1: Define the Investments Let the investment of A be \( k \). Since the total capital invested by A and B is Rs 17,000, the investment of B can be expressed as: \[ \text{Investment of B} = 17000 - k \] ### Step 2: Calculate B's Investment After 6 Months B withdraws Rs 1500 after 6 months. Therefore, the amount of B's capital after 6 months will be: \[ \text{Capital of B after 6 months} = (17000 - k) - 1500 = 15500 - k \] ### Step 3: Determine the Time of Investment - A's capital \( k \) is invested for 12 months. - B's capital \( 15500 - k \) is invested for 6 months (after which he withdrew Rs 1500). ### Step 4: Calculate the Profit Sharing Ratio The profit sharing ratio is based on the product of capital and time. Thus, we have: - A's contribution to the profit: \( k \times 12 \) - B's contribution to the profit: \( (15500 - k) \times 6 \) ### Step 5: Set Up the Profit Equation The total profit at the end of the year is Rs 19,500. According to the problem, B receives Rs 8,100 as his share of the profit. Therefore, the profit ratio can be set up as: \[ \frac{k \times 12}{(15500 - k) \times 6} = \frac{8100}{19500} \] ### Step 6: Simplify the Profit Ratio First, simplify the right side: \[ \frac{8100}{19500} = \frac{27}{65} \] Now, we can rewrite the equation: \[ \frac{12k}{6(15500 - k)} = \frac{27}{65} \] This simplifies to: \[ \frac{2k}{15500 - k} = \frac{27}{65} \] ### Step 7: Cross Multiply to Solve for k Cross multiplying gives: \[ 2k \times 65 = 27 \times (15500 - k) \] This expands to: \[ 130k = 418500 - 27k \] ### Step 8: Combine Like Terms Bringing all terms involving \( k \) to one side: \[ 130k + 27k = 418500 \] \[ 157k = 418500 \] ### Step 9: Solve for k Now, divide both sides by 157: \[ k = \frac{418500}{157} \approx 2665.6 \] ### Step 10: Calculate B's Capital After 6 Months Now, substitute \( k \) back into the equation for B's capital after 6 months: \[ \text{Capital of B after 6 months} = 15500 - k \] Substituting \( k \): \[ \text{Capital of B after 6 months} = 15500 - 2665.6 \approx 12834.4 \] ### Final Answer Thus, the capital of B after 6 months from the start is approximately Rs 12,834.4.
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