A started a business with an investment of Rs.1200. After some months, B join the business with an investment of Rs.3600 and after two more months C joins the business with Rs.2800. If the annual profit share of A and B is equal, then find for how many months C invested his money?
Correct Answer :
2 months
Solution :
The correct option is 2 months.
Let's solve the problem step-by-step to find out how long C invested his money in the business.
Step 1: Understand the formula for profit sharing
The share of profit in a partnership is directly proportional to the product of the investment amount and the time period (in months) for which the money was invested.
Step 2: Calculate A's investment details
A started the business and remained for the entire year (12 months).
A's Investment = Rs. 1200
A's Time Period = 12 months
A's Profit Equivalent =
Step 3: Calculate B's investment details and time period
Let B join the business after months.
This means B invested money for months.
B's Investment = Rs. 3600
B's Profit Equivalent =
According to the question, the annual profit share of A and B is equal:
Dividing both sides by 3600:
Thus, B joined after 8 months, which means B invested his money for 4 months.
Step 4: Determine C's investment time period
The question states that C joined the business two more months after B joined.
Since B joined after 8 months, C joined after:
Therefore, the number of months C invested his money in the 12-month period is:
Conclusion:
C invested his money for 2 months.
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