X and Y started a business with capitals Rs. 20000 and Rs. 25000. After few months Z joined them with a capital of Rs. 30000. If the of Z in the annual profit of Rs. 50000 is Rs. 14000, then after how many months from the beginning did Z join?
A. 7
B. 6
C. 3
D. 4
E. None of these
Explanation:
Investments of X, Y and Z respectively are Rs. 20000, Rs. 25000 and Rs. 30000
Let investment period of Z be x months.
Ratio of annual investments of X, Y and Z is (20000 * 12) : (25000 * 12) : (30000 * x)
= 240 : 300 : 30x = 8 : 10 : x
The of Z in the annual profit of Rs. 50000 is Rs. 14000.
=> [x/ (18 + x)] 50000 = 14000 => [x/ (18 + x)] 25 = 7
=> 25x = 7x + (18 * 7) => x = 7 months.
Z joined the business after (12 – 7) months. i.e., 5 months.