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Ramdas invested Rs. 90000 in a cosmetic business. After few months, Shyamdas joined him with Rs. 30000. At the end of the year, the profit…

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Ramdas invested Rs. 90000 in a cosmetic business. After few months, Shyamdas joined him with Rs. 30000. At the end of the year, the profit was divided between them in the ratio of 4 ∶ 1. After how many months did Shyamdas joined business?

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Discussion 1

CCommunity11 May 2019

Ramdas invested Rs. 90000 and Shyamdas invested Rs. 30000

Ramdas invested for 12 months and let Shyamdas invested for x months

⇒ Profit = Investment × Time

⇒ Ratio of profit = 4 ? 1

⇒ 4/1 = (90000 × 12) / (30000 × x)

⇒ x = 9

∴ Shyamdas joined after 3 months.