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Discussion :: Partnership

  1. Ramesh and Suresh enter into a partnership with capitals in the ratio of 10:12. At the end of 8 months, Ramesh withdraws. If they receive profits in the ratio of 10:18. Find how long Suresh's capital was used.

  2. A.
    7 months
    B.
    8 months
    C.
    10 months
    D.
    12 months

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    Answer : Option D

    Explanation :

    Let the capital of Ramesh (C1) =10
    And the capital of Suresh is (C2) = 12

    Time period spend by Ramesh (T1) = 8 months
    Let, time period spend by Suresh (T2) = x months

    The ratio of their profit (p1:p2) is 10: 18
    Apply formula: (C1 * T1)/ (C2 * T2) = p1/p2
    (10 * 8)/ (12*x) = (10/18)
    (80/12x) = (5/9)
    20/3x = 5/9
    180 = 15x
    Hence, x=12 months


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