A's and B's shares in a business are in the ratio of 5:3. If A has invested Rs. 70000 for 12 months, for what period B has invested Rs. 60000?
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8.4 months 8.5 Months 7.4 Months 7.5 Months |
8.4 months |
In partnership, the profit share is proportional to Investment × Time. Given:
So, $\frac{70000 \times 12}{60000 \times x} = \frac{5}{3}$ Simplify: $\frac{7 \times 12}{6x} = \frac{5}{3}$ $\frac{84}{6x} = \frac{5}{3}$ $\frac{14}{x} = \frac{5}{3}$ Cross-multiply: $14 \times 3 = 5x$ $42 = 5x$ $x = \frac{42}{5} = 8.4 \text{ months}$ |