A and B are Partners in a business. A invests 2/5 of the total capital for 12 months and A received profit Double from B. Find what period B has worked ?
a) 8 months b) 4 months c) 18 months
d) 12 month e) 16 months
Answers and Explanations are welcome in comments
The Correct Answer will be Given Tomorrow
Correct Answer is 4 months
ReplyDeleteExplanation : If A is investing 2/5 of total investment that means B is investing 3/5.
So the ratio of investments are 2:3
A is getting twice of profit that means Ratio of their profits is 1:2
Note down the formula of profit's ratio in partnership
Ratio of P = Ratio of I * Duration
A is working for 12 months
so (2*12)/(3*x) = 1/2
Solve it and you will find 4 months