Three friends, Arya Bhatt, Gauss and Descartes invested Rs. 24,00,000, Rs. 30,00,000 and Rs. 18,00,000 respectively in their business as partners for 3 years. The ratio in which they will divide their profits will be:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → 4 : 5 : 3
Profit is shared in the ratio of capital × time. All three invested for the same 3 years, so the ratio is simply the ratio of the investments:
\(24,00,000 : 30,00,000 : 18,00,000\)
\(= 24 : 30 : 18\)
\(= 4 : 5 : 3\)
(Dividing by the common factor 6.)
CBSE Applied Mathematics (Class XII):
Partnership
