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1. A and B enter into a partnership with Rs. 50000 and Rs. 60000 respectively. C joins them after x months, contributing Rs. 70000 and B leaves x months before the end of the year. If they share the profit in the ratio of 20 : 18 : 21, then the value of x is = ?
while each one of B and C invested his capital for (12 - x) months
Ratio of profits os A, B, C
: :
= : :
Solution:
Clearly, A invested his capital for 12 monthswhile each one of B and C invested his capital for (12 - x) months
Ratio of profits os A, B, C
: :
= : :