A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B?
Q1. A and B start a business jointly. A invests Rs.16000 for 8 months and B remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B?
Answer: Rs0.13
Explanation: A's investment-months = 16000×8 = 128,000; ratio A:B = 5:2; B's investment = 128,000 × 2/(5×4) = Rs.12,800.