Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If manick invested Rs. 20,000 for 6 months, whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq?
Correct Answer : B
A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?
A and B start a business jointly. A invests Rs. 16,000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How much money was contributed by B ?
A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. For, how long B’s money was used?