Hari and ram enter into a partnership with capital of rs.15,000 and rs.12,000 respectively.The total profit was rs.8000. Hari had put his capital for 4 months and received rs.5000 as his profit.For how many months had ram put his capital?
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Answer:
Step-by-step explanation:
Hari and Ram capital amount ratio is = 15000:12000=5:4
Now total profit = Rs 8000
And Hari gets profit = Rs 5000
Therefore Ram gets profit = Rs 8000 - Rs 5000 = Rs 3000
So, the ratio of profit is = 5000 : 3000 = 5 : 3
Now , Time of hari had put his capital is 4 months .
So let the time of ram put his captial be x months.
Hence , (5*4)/(4*X)= 5:3
(20/4X)=5/3
20X=60
X=3 months
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