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Question

Mathematics Question on Profit and Loss

Rahul started a business with a capital of Rs 8,000. After six months, Sanjay joined him with an investment of some capital. If at the end of the year each of them gets equal amount as profit, how much did Sanjay invest in the business?

A

Rs 16,000

B

Rs 17,500

C

Rs 18,000

D

Rs 16,500

Answer

Rs 16,000

Explanation

Solution

Let,
the investment made by Sanjay be Rupees xx
Now,
\Rightarrow\;$$\text{Rahul capital} \times \text{Number of months invested = Sanjay capital} \times \text{Number of months invested}
\Rightarrow\;$$8000\times12 = x\times6 (since Sanjay joined after 6 months)
  \Rightarrow\;x= Rs. 16000

The correct option is (A): Rs 16,000