A b c are partners in a business a whose money has been used for 4 months ,claims 1/8 of the profit ,b whose money has been used for 6 months claims 1/3 of the profit .C had invested 1560 for 8 months .How much money did a and b contribute
Answers
Answer with explanation:
Let total Profit earned = z
Profit earned by a, for investing in a business for 4 months =
Profit earned by b, for investing in a business for 6 months =
Profit earned by c, for investing in a business for 8 months =
Ratio of profits of a, b and c
Investment by c=Rs 1560
→13 z=1560
Investment by 'a'=120×3=Rs 360,and profit earned
Investment by 'b'=120×8=Rs 960,and profit earned
Investment by 'c'=120×13=Rs 1560,and profit earned
Answer:
A = Rs 720
B = Rs 1280
Step-by-step explanation:
Let say a contributed money = Rs A
Money used for 4 months = Rs 4A
Let say B contributed Money = Rs B
Money used for 6 months = Rs 6B
C invested = Rs 1560
Money used for 8 month = 1560 * 8 = Rs 12480
Ratio of investment
4A : 6B : 12480
Let say Profit = P
4A = P/8 => A = P/32
6B = P/3 = > B = P/18
C Profit = P - P/3 - P/8 = (P/24) (24 - 8 - 3) = 13P/24
13P/24 = 12480
=> P = 24 * 960
A investment = P/32 = 24 * 960/32 = Rs 720
B investment = P/18 = 24 * 960 / 18 = Rs 1280