A and B entered into a partnership with investments in the ratio 3 : 5. After a few months, A withdrew and collected back his money. At the end of the year, they received profit in the ratio 2 : 5. After how many months did A withdraw?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 8
Explanation:
A and B entered into a partnership with investments in the ratio 3 : 5.
Profit share ratio = 2 : 5
Let A withdraw after x months.
According to the question -
⇒
⇒ 15x = 120
⇒ x =
⇒ x = 8
Hence A withdrew his money after 8 months.