Q:
A starts a business, after 6 months B also join him with Rs.4500 and after 2 months of B’s joining C also join them with Rs.4500. If A gets approx. Rs 4900 out of total annual profit of Rs. 10,000 then find the approximate value of initial investment of A.
Answer & Explanation
Answer: C) Rs.3600
Explanation: Let initial investment of A = x
Ratio of profit A : B : C = 12 × x : 6×4500 :4×4500
A :B:C = x : 2250: 1500
Now ATQx/(x+2250+1500) = 4900/10000
solving this we get,x ≈ Rs 3600
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