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Anju and Bimal are partners in a business. Anju contributes 1 / 4 of the capital for 15 months and Bimal received 2 / 3 of the profit, for how long Bimal’s money was used ?
5 months
3months
8 months
10 months
Let total profit is x Then Bimal’s share in profit= (2/3)x so anju’s share in profit= x- (2/3)x =x/3 so,we get ratios of profit of Anju :Bimal :: 1:2 Let total capital invested be Rs P and Anju’s money was used for 15 months while Bimal’s money was used for b months . then, (1/4)P X 15 divide by (3/4)P x b = 1/2 [ Capital x time =profit] so,we get b=10 Bimal’s money was used for 10 months
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