Aakash and Sumit are partners in a business. Aakash contributes \(\frac{2}{5}\) of the capital for 12 months and Sumit received \(\frac{3}{7}\) of the profit. For how long Sumit's money was used?
Answer & explanation
Correct answer: option 2
Aakash Sumit Total
Capital 2 3 ⇒ 5
Time 12 x
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Profit 4 3 ⇒ 7
Now, ATQ
\(\frac{2 × 12}{3 × x}\) = \(\frac{4}{3}\)
x = \(\frac{12 × 2 }{4}\)
x = 6 months