A starts a business with Rs. 4,000 and B joins him 4 months later with an investment of Rs. 5,000. After a year, they earn a profit of Rs. 22,000. Find the shares of A and B.
Q1. A starts a business with Rs. 4,000 and B joins him 4 months later with an investment of Rs. 5,000. After a year, they earn a profit of Rs. 22,000. Find the shares of A and B.
Answer: Rs. 12000, Rs. 10000
Explanation: A's investment-months = 4000×12 = 48000; B's = 5000×8 = 40000 (ratio 6:5); A's share = Rs. 12000, B's share = Rs. 10000.