Discussion :: Partnership
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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?
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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