A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 51,000. For how much period does B join, if the profits at the end of the year are divided in the ratio of 5:1?
A
4 months
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B
6 months
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C
8 months
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D
3 months
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Solution
The correct option is B4 months Concept: Ratio of product of investment and time duration is equal to ratio of profit.
Here, For A, Investment (Contribution) =85000 Rs. for 1 year (12 months)