P and Q invested in a business in the ratio 5:13. Q withdrew his capital after 6 months. if they shared thir profit in the ratio 25:26 for how long was P's amount used?
Answers
Answer:
P’s amount was invested for 15 months. Since Q withdrew his capital after 6 months therefore, we can say that P had invested for 9 months more alone.
Step-by-step explanation:
Given data:
Investment of P and Q is in the ratio of 5:13.
Time period for Q’s investment, Tq = 6 months
Profit shared in the ratio, Pp/Pq = 25:26
Now let us take few assumptions:
Investment of P, Ip = 5y
Investment of Q, Iq = 13y
Since Q withdraws his capital after 6 months which means Q invested only for 6 months. Let the rest of time period that P’s investment was used be “x”. Therefore, P had invested for total time period of “Tp” = (x+6) months.
We know,
Profit = Investment * Time
∴ (Pp/Pq) = [ {Ip * Tp} / {Iq * Tq}]
Or, (25 / 26) = [ {5y * (x + 6)} / {13y * 6}]
Or, (25 / 26 ) = [ {5(x+6)} / {13 * 6} ]
Solving the equation, we get
Or, x + 6 = 5 * 3
Or, x = 15 – 6
Or, x= 9
∴ P’s amount was used for a total time period of, Tp = x + 6 = 9 + 6 = 15 months.
Answer:
Step-by-step explanation:
P’s amount was invested for 15 months. Since Q withdrew his capital after 6 months therefore, we can say that P had invested for 9 months more alone.
Step-by-step explanation:
Given data:
Investment of P and Q is in the ratio of 5:13.
Time period for Q’s investment, Tq = 6 months
Profit shared in the ratio, Pp/Pq = 25:26
Now let us take few assumptions:
Investment of P, Ip = 5y
Investment of Q, Iq = 13y
Since Q withdraws his capital after 6 months which means Q invested only for 6 months. Let the rest of time period that P’s investment was used be “x”. Therefore, P had invested for total time period of “Tp” = (x+6) months.
We know,
Profit = Investment * Time
∴ (Pp/Pq) = [ {Ip * Tp} / {Iq * Tq}]
Or, (25 / 26) = [ {5y * (x + 6)} / {13y * 6}]
Or, (25 / 26 ) = [ {5(x+6)} / {13 * 6} ]
Solving the equation, we get
Or, x + 6 = 5 * 3
Or, x = 15 – 6
Or, x= 9
∴ P’s amount was used for a total time period of, Tp = x + 6 = 9 + 6 = 15 months.