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A invests $ 64,000 in a business. After few months B joined him with $ 48,000. At the end of year, the total profit was divided between them in the ratio 2 : 1. After how many months did B join?
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- 8
- 4
- 6
- 7
Correct Option: B
B entered after y months.
Ratio of equivalent capitals for 1 month = 64000 × 12 : 48000 (12 – y) = 16 : (12 – y)
| ∴ | = | ⇒ 24 - 2y = 16 | 12 - y | 1 |
⇒ 2y = 8 ⇒ y = 4 months
