A and B entered into a partnership with certain investments. At the end of 8 months A withdraw and collected back his money. A and B received profit in the ratio 5 : 9 at the end of the year. If B had invested Rs 36,000, then how much (in Rs) had A invested?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 30,000
Explanation:
Let the amount invested by A be x
Ratio of profit = Ratio of (Amount × Time)
⇒
⇒ 8x = 5 × 4000 × 12
⇒ x = 30,000
Hence the amount invested by A is Rs 30,000