Register Now

Login

Lost Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

X and Y are partners in a business. X contributed 1/3 of the capital for 9 months and Y received 2/5 of the profit. For how long was Y’s money used in the business ?

X and Y are partners in a business. X contributed $$\frac{1}{3}$$ of the capital for 9 months and Y received $$\frac{2}{5}$$ of the profit. For how long was Y’s money used in the business ?
a) 2 months
b) 3 months
c) 4 months
d) 5 months

Answer: b
Explanation:
$$\eqalign{ & {\text{Let the total profit be Rs}}{\text{.}}\,z \cr & {\text{Y’s share}} = {\text{Rs}}{\text{.}}\,\frac{{2z}}{5} \cr & {\text{X’s share}} = {\text{Rs}}{\text{.}}\left( {z – \frac{{2z}}{5}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}.\,\frac{{3z}}{5} \cr & \therefore {\text{X}}:{\text{Y}} = \frac{{3z}}{5}:\frac{{2z}}{5} \cr & = 3:2 \cr} $$
Let the total capital be Rs. x and suppose Y’s money was used for y months
$$\eqalign{ & \frac{{\frac{1}{3}x \times 9}}{{\frac{2}{3}x \times y}} = \frac{3}{2} \cr & 18x = 6xy \cr & y = 3 \cr} $$

Join The Discussion