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Question

David started a business establishment by investing Rs.15000. After 4 months William entered into a partnership by investing a certain amount. At the end of the year, the profit was shared in the ratio 9 : 8. Find how much money was invested by William.

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Solution

Let William invested Rs.x
Profit sharing ratio =15000×12:8x=1;80,000=8x
Also profit ratio =9:8
ATP 180000:8x=9:8
180000×89×8=x
x=Rs.20,000

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