Question Details

A and B invested Rs 7999.99 and Rs 5000.03 in a business. A invested his amount for whole years and B invested for T+2 days. At the end of the year, the profit share of B is Rs 5999.93 out of total profit of Rs. 22000.01. Find the approximate value of ‘T’?

Options

A

267

B

217

C

247

D

307

Show Answer

Correct Answer :

Option B

217

217

Solution :

The correct answer is 217.

We round the messy values to their nearest clean numbers for calculation:

A's investment = Rs 8000 (for a full year = 365 days)
B's investment = Rs 5000 (for T + 2 days)
B's profit share = Rs 6000
Total profit = Rs 22000

Step 1: Find B's share ratio in total profit.

B's profit ratio = 6000 22000 = 3 11

Step 2: Set up the profit-sharing equation.

In a partnership, profit is shared in the ratio of Capital × Time. So:

A's share value = 8000×365=2,920,000

B's share value = 5000×(T+2)

B's fraction of total profit is:

5000×(T+2) 2920000+5000×(T+2) = 3 11

Step 3: Cross-multiply and solve.

Let x=5000×(T+2)

11x=3×(2920000+x)

11x=8760000+3x

8x=8760000

x=1,095,000

Step 4: Find T.

5000×(T+2)=1,095,000

T+2=10950005000=219

T=219-2=217

Therefore, the approximate value of T = 217 days.

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