Practicing Success
A, B and C are partners in a business. A whose money has been used for 4 months, claims \(\frac{1}{8}\) of the profit, B whose money has been used for 6 months, claims \(\frac{1}{3}\) of the profit. C had invested Rs. 1560 for 8 months. How much money did A and B contribute? |
Rs. 740, Rs. 1250 Rs. 730, Rs. 1240 Rs. 720, Rs. 1280 Rs. 750, Rs. 1260 |
Rs. 720, Rs. 1280 |
For \(\frac{1}{8}\) and \(\frac{1}{3}\) Let Total profit = 24 unit Hence, Profit of A = 24 × \(\frac{1}{8}\) = 3 Profit of B = 24 × \(\frac{1}{3}\) = 8 Profit of C = 24 - (3 + 8) = 13 Now, A : B : C Profit : 3 : 8 : 13 Time : 2 : 3 : 4 ⇐ (4 : 6 : 8) Inv. : \(\frac{3}{2}\) : \(\frac{8}{3}\) : \(\frac{13}{4}\) [Inv. ratio = \(\frac{Profit.\;Ratio}{Time\;Ratio}\)] : 18 : 32 : 39 ATQ, C invest = 39R = 1560 1R = 40 A's investment = 18R = 18 × 40 = Rs.720 B's investment = 32R = 32 × 40 = Rs.1280 |