wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Anil and Binod started a business by investing Rs.35,000 and Rs.13,000 respectively. At the end of every month, Anil withdraws certain amount from his investment and Binod invests the same amount as Anil has withdrawn. At the end of the year they share the profits in the ratio 1:1 . Find the amount invested by Binod every month___

Open in App
Solution

Let x be the Amount that Anil withdraws and Binod invests at the end of every month.

Then, 35,00011x=13,000.

11x=22,000 & x=2000.

Alternatively:-

1stYear2ndYear3rdYear.............12thYearAnil35,000(35,000x)(35,0002x).............(35,00011x)Binod13,000(13,000x)(13,0002x).............(13,00011x)

35,000×1266x=13,000×12+66x
22,000×12=132x
x = 2000.


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Is Light a Traveller?
QUANTITATIVE APTITUDE
Watch in App
Join BYJU'S Learning Program
CrossIcon