Choose the correct answer from the alternatives given. A starts a business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year. the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?
A
Rs. 8000
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B
Rs. 8500
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C
Rs. 9000
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D
Rs. 7500
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Solution
The correct option is D Rs. 9000 Let the investment of B be IB. According to the question, Ratio of profit = Ratio of investment × Time PA:PB=IA×TA:IB×TB 2:3=3500×12:IB×7⇒2:3=42,000:IB×7 23=42,000IB×7:=9,000 Hence, investment of B is Rs. 9,000.