Question
Amit, Bittu, and Chinky initiated a business venture with investments in the proportions of 8:10:9, respectively. Their shares of the profit were distributed in the ratio of 6:5:9. Calculate the ratio of the time periods during which Amit, Bittu, and Chinky invested in the business, respectively.
Solution
ATQ, Let, the time for which 'Amit', 'Bittu', and 'Chinky' invested in the business be 'a' months, 'b' months, and 'c' months, respectively. Let, the investment of 'Amit', 'Bittu', and 'Chinky' in the business be, Rs. '8p', Rs. '10p', and Rs. '9p', respectively. Profit share of 'Amit' to 'Bittu' to that of 'Chinky' = (8p Γ a) :(10p Γ b) :(9p Γ c) = 6:5:9 We can say that, (8p Γ a) :(10p Γ b) = 6:5 Or, (4/5) Γ (a/b) = (6/5) Or, (a/b) = (6/5) Γ (5/4) So, a:b = 3:2 (10p Γ b) :(9p Γ c) = 5:9 Or, (10/9) Γ (b/c) = (5/9) Or, (b/c) = (5/9) Γ (9/10) So, b:c = 1:2 Let, b = 2q a = (3/2) Γ b Or, a = (3/2) Γ 2q So, a = '3q' c = 2b Or, c = 2 Γ 2q So, c = '4q Ratio of time period of 'Amit' to 'Bittu' to that of 'Chinky' = 3q:2q:4q = 3:2:4
- A businessman earned Rs. 50,000 profit. He invested 30% of this profit in stocks, donated 10% of the remaining to charity, and spent 15% of the rest on a p...
- A and B start a business with investments of βΉ60,000 and βΉ90,000 respectively. After 4 months, C joins with βΉ1,20,000. At the end of the year, the total pr...
- βPβ and βQβ started a business with investment of Rs. 3,000 and Rs. 4,200, respectively. After 8 months, βPβ increased his investment by Rs. β8yβ. After an...
- 'A' and 'B' started a business by investing Rs. '7x' and Rs. '5x' respectively. Nine months later, 'A' withdrew Rs. 600 from his investment whereas 'B' inv...
- Three friends A, B and C entered into partnership by investing Rs. 50X, Rs. (10X + 1250) and Rs. (7000 β 15X) respectively. The ratio of the time period of...
- A and B started a business by investing sum in the ratio 4:7 respectively for 6 and 8 months respectively. If annual profit earned by B is Rs.2100, then fi...
- βAβ and βBβ started a business by investing Rs. 2000 and Rs. 2400, respectively. 12 months later, βCβ joined the business by investing Rs. 1000. After 6 mo...
- βAβ and βBβ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If βAβ invested his sum for only 8 months and the total annual pro...
- M and N started a business by investing Rs.4500 and Rs.5600 respectively. After 5 months, M and N increased their investments by 40% and Rs.1500 respective...
- 'M' and 'N' started a business by investing Rs. 16,000 and Rs. 20,000 respectively. 30% of total profit is given to 'M' for managing the business, and rest...