A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630. Find the share of A.
Q1. A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630. Find the share of A.
Answer: Rs. 240
Explanation: A's capital-time = 3000×8+2000×4 = 32000; B's = 4000×8+5000×4 = 52000; ratio 32:52 = 8:13; A's share = (8/21)×630 = Rs. 240.