Solve this business partnership riddle.
Andrew starts a business with Rs.3500.
After 5 months Brenda joins with Andrew as his business partner.
After a year, the profit is divided in the ratio 2:3.
What was Brenda’s contribution in the capital?
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Answer:
Andrew invested Rs. 3500 for 12 months &
Brenda invested Rs. B for 7 months.
Profit ratio is 2:3
Then,
(3500 x 12) / (B x 7) = 2/3;
B = 6000 x 3/2
Therefore;
B = 9000
Brenda’s Contribution = Rs 9000.