A, B and C are partners in a business. A, whose capital has been used for 5 months, claims 1/7 of the profit. B whose capital has been used for 7 months, claims 1/5 of the profit. C has invested Rs.4,600 for 9 months. How much capital did A contribute?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Rs.1800
| Understanding | Application | |||||||||
| Tricks |
According to the questions
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| Now |
5a = 1/7 7b = 1/5 So 41400 = 1 - (1/7 + 1/5) 41400 = 23/35 |
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| Hence |
1/7 = 41400 × 35/23 × 1/7 = 1800 × 35 × 1/7 = 1800 × 5 = 9000 Here 9000 = 5a So a = 9000/5 a = 1800 |