Discussion :: Partnership
- A's and B's shares in a business are in the ratio of 5:3. If A has invested Rs. 70000 for 12 months, for what period B has invested Rs. 60000?
Answer : Option D
Explanation :
A's capital be C1 = 70000
B's capital be C2 = 60000
A's time be T1= 12 months
Let B's time be T2 = X months
A's share: B's share = 5:3
Apply formula:
300000 X = 2520000
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