A and b invested 10000 rupees each in a company. If a invested the money on 1st of April the share of profit of b on 31st of march was 8000 rupees out of a total profit of 32000 rupees, find the date of b’s investment.

Here are some tips for solving partnership problems: When two or more people invest money in a business, they are called partners. If they invest money for the same time, it is called a simple partnership. If they invest money for different times, it is called a compound partnership.  Here are some formulas for partnerships: Simple partnership formula: If two contributors, X and Y, contribute P and Q amounts respectively for a year, then their profit or loss earned at that time will be: X's profit or loss: Y's profit or loss = P : Q Compound partnership formula: X1 : X2 = Y1 × Z1 : Y2 ×... Show more

Here are some tips for solving partnership problems:
When two or more people invest money in a business, they are called partners.
If they invest money for the same time, it is called a simple partnership.
If they invest money for different times, it is called a compound partnership. 

Here are some formulas for partnerships:
Simple partnership formula: If two contributors, X and Y, contribute P and Q amounts respectively for a year, then their profit or loss earned at that time will be: X's profit or loss: Y's profit or loss = P : Q
Compound partnership formula: X1 : X2 = Y1 × Z1 : Y2 × Z2 

A partner's retirement from a partnership is when they withdraw from the partnership with the consent of the other partners or as per the provisions of the partnership deed. A partner who retires is called a retiring partner or outgoing partner.

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