Question 94
Let A and B enter into a partnership with capitals in the ratio 5:6 and at the end of 8 months A withdrew from the business. If they shared the profits in the ratio 5:9, the number of months B's capital remained in the business is
Solution
Let say capital invested by A and B are 5k and 6k respectively.
So,profit ratio would be
$$=5k×8:6k×12$$
$$=5:9.$$
So, B's amount remained in the business for 12 months.
D is correct choice.
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