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ExamsIBPS POGeneral Awareness

Rohit starts a business with ₹6,500, and after 8 months Shyam joins Rohit as his partner. After 4 years, the profit is divided in the ratio 13:12. What is Shyam's contribution to the capital?

  1. ₹7400
  2. ₹7200
  3. ₹7250
  4. ₹7630

Correct answer: ₹7200

Solution

Rohit invests ₹6500 for 48 months. Shyam invests for 40 months, so if his capital is \(x\), then \(6500 \times 48 : x \times 40 = 13 : 12\). Solving gives \(x = 7200\).

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