Question: Amit and Brijesh started a business with initial investments in the ratio of 12: 11 and their annual profits were in the ratio of 4: 1. If Amit invested the money for 11 months, then for what time Brijesh invested the money?
Options:
A) 9 months
B) 3 months
C) 5 months
D) 10 months
Show Answer
Answer:
Correct Answer: B
Solution:
- Let investment of Amit $ =12x $
and investment of Brijesh $ =11x $
Let Brijesh invested the money for/months.
Then, Amit’s investment: Brijesh’s investment
$ =(12x\times 11):(11x\times y) $
$ =132x:11xy=12:y $
$ \therefore $ $ \frac{12}{y}=\frac{4}{1} $ [since, ratio of profit is 4 :1]
$ \Rightarrow 4y=12 $
$ \therefore $ $ y=\frac{12}{4}=3month $
Clearly, Brijesh invested money for 3 months.