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Q.
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.
A.
11
B.
12
C.
13
D.
14
E.
None of the above
View Answer
Correct choice: A
Explanation:
Suppose A invested Rs.11 for 8 months and B invested Rs. 12 for x months. \inline \therefore Ratio of investments of A and B = (11 x 8) : (12 x x) = 88 : 12x \inline \therefore \inline \frac{88}{12x}=\frac{2}{3}\Rightarrow x=11
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