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Discussion :: Partnership

  1. Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

  2. A.

    5 : 7 : 8

    B.

    20 : 49 : 64

    C.

    38 : 28 : 21

    D.

    None of these

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    Answer : Option B

    Explanation :

    Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.

     

    Then, 14x : 8y : 7z = 5 : 7 : 8.

     

    Now,14X8Y=57    98x = 40y        y =4920x

     

    And,14X7Z=58  112x = 35z        z =11235x=165x

     

     x : y : z = x :4920x:165x=20 : 49 : 64.

     


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