a and b start a business with inital investment in the ratio 12:11 and their annual profits were in the ratio 4:1. If A invested for 11 months .B invested the money for?
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Answer:3months
Ratio of investment ×ratio of periods =ratio of profits
So 12/11×ratio of period =4/1
So ratio of periods =4/3
B invested for 3 months
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