Uday and Amir entered into partnership business. Amir invested Rs. 1600 for whole year and Uday invested Rs. 1200 for first six months and withdraw 1/4thth of his capital and invested remaining amount for next ‘x’ month. If Uday and Amir got profit in the ratio of 9 : 16. Find the value of x?
Information given:
Amir invested Rs. 1600 for whole year and Uday invested Rs. 1200 for first six months and withdraw 1/4thth of his capital and invested remaining amount for next ‘x’ month
Formula used:
Profit share ratio = investment ×time
Explanation:
Ratio of profit share of Uday and Amir
= (7200 + 900x):19200
ATQ,
7200 + 900x = 10800
900x = 3600
x = 4
Exam Hall Approach
English
200 Questions
200 Marks
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