Akash started a business with Rs. 80,000 and after some months Rahul joined him with Rs. 75000. If the profit at the end was distributed in the ratio of 8 ∶ 5, then after how many months did Rahul join Akash? (Assume Akash has worked throughout the year).
Akash started a business with Rs. 80,000 and after some months Rahul joined him with Rs. 75000. If the profit at the end was distributed in the ratio of 8 ∶ 5, then after how many months did Rahul join Akash? (Assume Akash has worked throughout the year). Correct Answer 4
GIVEN:
Capital of Akash = Rs. 80,000 and time = 12 months
FORMULA USED:
Profit = Capital × time,
CALCULATION:
Let the number of months that Rahul has worked be ‘x’.
Capital of Rahul = Rs. 75,000 and time = x months,
The ratio of profit of Akash and Rahul = 8 ∶ 5,
⇒ 8/5 = (80,000 × 12)/(75,000 × x)
⇒ x = (80,000 × 12 × 5)/(75,000 × 8)
⇒ x = 8 months
∴ After 4 months Rahul joined Akash.
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Feb 20, 2025