Aptitude - Partnership - Discussion

Discussion Forum : Partnership - General Questions (Q.No. 5)
5.
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?
5 : 7 : 8
20 : 49 : 64
38 : 28 : 21
None of these
Answer: Option
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, 14x = 5       98x = 40y       y = 49 x
8y 7 20

And, 14x = 5       112x = 35z       z = 112 x = 16 x.
7z 8 35 5

x : y : z = x : 49 x : 16 x = 20 : 49 : 64.
20 5

Discussion:
58 comments Page 2 of 6.

Mahesh said:   1 decade ago
Hello saravanan ,
Formula
---------
(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

Shraddha said:   8 years ago
Here we can use options.

Investment = 20x*14: 49x*8: 64x*7.
Investment ratio = profit ratio.
If we solve this ratio then we get 5:7:8 which is exactly equal to the given profit ratio.

Zishan said:   1 decade ago
Here it use a formula. i.e explaning with example.
Suppose a invest Rs x for p months & b invest Rs why for q months. Then.
(a's share of profit) : (b's share of profit) = xp : yq.

Masterneeji said:   1 decade ago
Before finding least common multiple, bring all terms to x.

Any partnership problem.

Month=m; Investment=i.

I'm 1: I'm 2 : I'm 3 = p1:p2:p3.

If any changes like 50% more add to.

Mohankumar said:   1 decade ago
This is mohan,

Your answer is write there is no words i have, but your answer is more confusing and very difficult to understand this answer. can u explain me another way

Pritam said:   4 years ago
Formula- investment ratio * time = profit ratio.
So, IR = PR/T.

A = 5/14. B = 7/8. C = 8/7.

Then Lcm is 112.
Then the ratio will be 40:98:128.
In short 20:49:64.
(5)

Sandy.j said:   9 years ago
From the soln 20:49:64.

20 is divided by 5, 49 divided by 7 and 64 is divided by 8.
From that, we get 5 : 7 : 8. Try this method, it is simple to solve.

Pavan said:   9 years ago
Apply the simple formula for this.

Profit(P) = capital investment (C) * time(T).
So,
C = P/T,
All the problems of partnership solved using this formula.

Zeenat said:   5 years ago
Investment ratio x time = profit ratio.

So,

Investment ratio = profit ratio ÷ time.
A: 5/14.
B: 7/8.
C: 8/7.

Take LCM.
A : B : C
20 : 49 : 64.
(1)

Felix said:   7 years ago
There is a concept related to profit, investment and time, which is given by;

Profit = investment * time.
==>investment = profit/time.
(1)


Post your comments here:

Your comments will be displayed after verification.