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?
[A].
5 : 7 : 8
[B].
20 : 49 : 64
[C].
38 : 28 : 21
[D].
None of these
Answer: Option D
Explanation:
Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.
How it is possible that ratio of their investments are=ratio of their profits ?
Yogesh said:
(Sun, Dec 25, 2011 04:34:49 PM)
How is 20 come can any body describe me?
Saravanan.O said:
(Fri, Jan 6, 2012 10:42:06 AM)
I am not understand the answer could you please explain me?
Mahesh said:
(Mon, Jan 16, 2012 08:47:39 PM)
Hello Yogesh ,LCM of x : 49x/20 : 16x/5 = 20: 49: 64
Mahesh said:
(Mon, Jan 16, 2012 08:51:08 PM)
Hello saravanan ,
Formula
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(investment of A X duration in months) : (investment of B X duration in months) : (investment of C X duration in months) = A's Profit : B's Profit :C's Profit