Correct option is D
Given:
Akshay's investment = Rs. 60,000
Rajni's investment = Rs. 1,50,000
Profit ratio at the end of the year = 42 : 35
Total time of business = 12 months
Formula Used:
Profit ∝ Investment × Time
Profit Ratio = (Investment_A × Time_A) : (Investment_R × Time_R)
Solution:
Let Rajni joined after x months.
Akshay's time = 12 months
Rajni's time = (12 − x) months
Using the profit ratio:
1,50,000×(12−x)60,000×12=3542=>1,50,000×(12−x)720,000=56=>6×1,50,000×(12−x)=5×720,000=>9,00,000×(12−x)=36,00,000=>12−x=9,00,00036,00,000=4=>x=12−4=8
Rajni joined the business after 8 months.