SOLUTION: Raj started off with a business with a capital of Rs.60000. Later he was joined by Kishan with Rs.40000 as his share. If Kishan received 1/3rd of the total profit after 1 year, for

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Raj started off with a business with a capital of Rs.60000. Later he was joined by Kishan with Rs.40000 as his share. If Kishan received 1/3rd of the total profit after 1 year, for      Log On


   



Question 855515: Raj started off with a business with a capital of Rs.60000. Later he was joined by Kishan with Rs.40000 as his share. If Kishan received 1/3rd of the total profit after 1 year, for how many months did he invest?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 
Hi,
Let x represent Kishan's annual investment
x%2F%2812%2ARs60000%29+=+x%2F%28Rs720000%29+=+1%2F3 x = Rs240000,
Kishan invested for 6 mo 6%2ARs40000+=+Rs240000