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A starts a business with ₹40,000 capital...

A starts a business with `₹40,000` capital after 2 months B joined him with `₹60,000` capital C joined with them after some more time with `₹1,20,000` capital at the end of year total profit was `₹3,75,000` and C gets `₹1,50,000` as his share then after how many months of B joining the business did partner C join

A

4 months

B

6 months

C

3 months

D

5 months

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will analyze the contributions of each partner and their respective time of investment. ### Step 1: Determine the time of investment for each partner - A starts the business with ₹40,000 and invests for 12 months. - B joins after 2 months with ₹60,000 and invests for 10 months. - C joins later with ₹1,20,000. We need to find out how many months after B joined C invested. ### Step 2: Calculate the total capital contribution in terms of months - A's contribution in terms of capital months = ₹40,000 * 12 months = ₹4,80,000 - B's contribution in terms of capital months = ₹60,000 * 10 months = ₹6,00,000 - C's contribution will be calculated as ₹1,20,000 * X months, where X is the number of months C invested. ### Step 3: Set up the equation for profit sharing The total profit at the end of the year is ₹3,75,000, and C receives ₹1,50,000 as his share. The profit share is proportional to the investment. Let’s denote the total contributions: - Total contribution = A's contribution + B's contribution + C's contribution - Total contribution = ₹4,80,000 + ₹6,00,000 + ₹1,20,000 * X ### Step 4: Set up the proportion based on profit share C's share of the profit is ₹1,50,000, which corresponds to his proportion of the total investment: - C's proportion = (₹1,20,000 * X) / (₹4,80,000 + ₹6,00,000 + ₹1,20,000 * X) ### Step 5: Calculate the total profit proportions From the total profit of ₹3,75,000, we can express C's share as: - C's share = (C's proportion of total investment) * Total profit - ₹1,50,000 = (₹1,20,000 * X) / (₹4,80,000 + ₹6,00,000 + ₹1,20,000 * X) * ₹3,75,000 ### Step 6: Solve for X We can simplify the equation: - Rearranging gives us: - ₹1,50,000 * (₹4,80,000 + ₹6,00,000 + ₹1,20,000 * X) = ₹1,20,000 * X * ₹3,75,000 ### Step 7: Substitute and simplify - Substitute the known values and simplify to find X. ### Step 8: Calculate the value of X After solving the equation, we find that X = 6 months. ### Step 9: Determine when C joined B joined 2 months after A, which means B joined in March. If C joined 6 months after B, then: - B joins in March, and C joins in July. ### Step 10: Calculate the duration from B's joining to C's joining From March to July is 4 months. ### Final Answer C joined 4 months after B joined the business. ---
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