ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Amit and Ben started a partnership by investing Rs.3600

    and Rs.4500, respectively. Amit's investment period is 'x' months, while Ben's investment period is '(x + 3)' months. The combined profit earned by them is Rs.4100. Additionally, one-third of the difference between Amit's and Ben's profit shares is Rs.300. If Amit's share of the profit is less than Ben's, determine the duration of Ben's investment period.
    A 10 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 15 Correct Answer Incorrect Answer
    D 08 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Difference between the profit obtained by Amit and Ben = 300 ├Ч 3 = Rs.900 Profit obtained by Amit = (4100 тАУ 900)/2 = 3200/2 = Rs.1600 Profit obtained by Ben = 4100 тАУ 1600 = Rs.2500 (3600 ├Ч x)/(4500 ├Ч (x + 3)) = 16/25 4x/(5 ├Ч (x + 3)) = 16/25 x/(x + 3) = 4/5 5x = 4x + 12 x = 12 months Therefore, the Investment period of Ben will be┬а = 12 + 3 = 15 months

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question