Question
Nina and Sita invested Rs.7000 and Rs.5600 respectively in a partnership. Nina invested for 9 months more than Sita. If the profit share of Sita is 30% less than that of Nina, find Sita’s investment period.
Solution
Let the investment period of Sita = a Then Nina’s investment period = a + 9 The ratio of profit share of Nina to Sita = 100:(100 – 30) = 100:70 = 10:7 Investment ratio of Nina to Sita = 7000:5600 = 5:4 According to question, 5(a + 9)/4a = 10/7 35(a + 9) = 40a 35a + 315 = 40a 5a = 315 a = 63 The investment period of Sita = 63 months
More Partnership Questions
- A and B started a retail store with initial investments in the ratio 7:8 and their annual profits were in the ratio 3:4. If A invested the money for 9 mont...
- ‘A’ started a business by investing Rs. 1,200. Eight months later, ‘B’ joined him by making an investment which is equal to 60% of the investment made by ‘...
- 'Aman,' 'Bheema,' and 'Ritika' initiated a business by investing Rs. 400, Rs. 500, and Rs. 900, respectively. After __ months from the start of the busines...
- M and N started a partnership with investments of Rs. 10,000 and Rs. 8,000. After 6 months, M increased his contribution by Rs. 2,000 and O joined with Rs....
- A and B together started a business with initial investment in the ratio of 4:5, respectively. The time-period of investment for A and B is in the ratio of...
- A, B and C enter into a partnership, A invest 3X + 1000, B invest X + 3000 and C invest X + 1500 for one year if B share is 20000 from total profit of 4000...
- A and B enter into a partnership with their initial sum of Rs.36000 and Rs.48000 respectively. After 9 months, a third person C also joins them with his in...
- Tina invests Rs. ‘X’ for 3 years at 6% p.a. simple interest. Mina invests the same Rs. ‘X’ for 2 years at 8% p.a. compound interest. If Tina’s interest is ...
- Two friends, E and F, started a business by investing RS 1,20,000 and RS 1,80,000, respectively. They agreed to distribute their earnings in the same ratio...
- Palash invest twice the sum invested by Vicky and withdraws half of the sum after 4 months and again withdraws half of the remaining sum after 3 months. Fi...
Relevant for Exams:
