X and Y started a business investing Rs. 60,000 and Rs. 90,000 respectively. After 5 months, X withdrew half his capital, and Y added Rs. 30,000 more. If the total profit at year-end is Rs. 49,500, find X’s share.
Show answer & explanation
Correct answer: D
Explanation
X's Investment:
First 5 months = 60,000 × 5 = 300,000
Next 7 months = 30,000 × 7 = 210,000
Total = 510,000
Y's Investment:
First 5 months = 90,000 × 5 = 450,000
Next 7 months = 120,000 × 7 = 840,000
Total = 1,290,000
X : Y = 510,000 : 1,290,000 = 17 : 43
X's Share