A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
Let the period for which B joined the business be x months. Then, since the profits are divided in the ratio of 3:1, we can write the following equation: (85,000 * 12) / (42,500 * x) = 3/1. Solving for x, we get x = 6. So B joined the business for 6 months.
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Step-by-step explanation:
Let the period for which B joined the business be x months. Then, since the profits are divided in the ratio of 3:1, we can write the following equation: (85,000 * 12) / (42,500 * x) = 3/1. Solving for x, we get x = 6. So B joined the business for 6 months.