Discussion :: Partnership
- Suresh started a business by investing a certain amount of money. Rakesh joined him after four months by investing Rs. 50000. If after one year Suresh and Rakesh share the profit in the ratio of 10:8, how much capital did Suresh invest?
Answer : Option D
Explanation :
Let Suresh's capital be C1 = X
Rakesh's capital be C2 = 50000
Suresh's Time be T1 = 12 months
Rakesh's Time be T2 = 8 months
Suresh's profit: Rakesh's profit = 10:8
Apply formula:
X = 41666.7
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