The ratio of investments of two partners is 11:12 and the ratio of their profits is 2 : 3.
The ratio of investments of two partners is 11:12 and the ratio of their profits is 2 : 3. If A invested the money for 8 months , find for how much time B invested his money?
Answer/Solution
11
Steps/Work
Suppose A invested Rs.11 for 8 months and B invested Rs. 12 for x months.
Ratio of investments of A and B
= (11 x 8) : (12 x x)
= 88 : 12x
{88}/{12x}={2}/{3}\Rightarrow x=11
Answer:A
Ratio of investments of A and B
= (11 x 8) : (12 x x)
= 88 : 12x
{88}/{12x}={2}/{3}\Rightarrow x=11
Answer:A