Question
A, B and C invest in a partnership in the ratio 6:5:8
and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C invest for 1/12th and 1/15th respectively of total time of investment. If profit of B is Rs.1260 more than that of C, then find the profit of A.Solution
Let the total time of investment be 60a months. Ratio of profit of A, B and C = (6 × 60a × 1/12) : (5 × 60a × 1/5) : (8 × 60a × 1/15) = 15:30:16 According to the question, => 14 units ------- Rs.1260 => 15 units ------- Rs.1350
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