Question

A and B enter into a partnership. A contributes Rs.3500 for 8 months and B contributes Rs.4000. If they share the profit equally, then how long B's capital was used​

Answer 1

Given:

Contribution of A = Rs. 3500 for 8 months

Contribution of B = Rs. 4000

They share the profit equally.

To find:

How long B's capital was used​.

Solution:

Let the time period for which B's capital was used be x.

A's investment = Rs. 3500*8

B's investment = Rs. 4000*8

Since they share the profit equally:

Profit sharing ratio: CaTa = CbTb

1:1 = 3500*8 : 4000x

x = 3500*8 / 4000

x = 7

Therefore, B's capital was used for 7 months.