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Question

A and B plan to invest the money for one year in the ratio 3 : 4 in a business. After how many months should B join A so that both will have the same amount of profit?


A

6 months

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B

3 months

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C

8 months

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D

9 months

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E

7 months

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Solution

The correct option is B

3 months


Investment of A ×time of investment of AInvestment of B ×time of investment of B=Profit of AProfit of B

3 ×124 ×time of investment of B=1

Solving we get the time of investment of B as 9 months. So B joined 3 months later.


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