Three partners shared the profit in a business in the ratio 8 : 7 : 5. They invested their capitals for 7 months, 8 months and 14 months, respectively. What was the ratio of their capitals ?
Answer & explanation
Correct answer: option 4
Profit = Investment × Time period
ATQ ,
Let Income of Three partners are = X , Y , Z respectively .
So ,
A : B : C
Income X : Y : Z
Time 7 : 8 : 14
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Profit 8 : 7 : 5
So ,
Ratio of X : Y : Z
\(\frac{8}{7}\) : \(\frac{7}{8}\) : \(\frac{5}{14}\)
64 : 49 : 20