The ratio of investments of two partners X and Y is 11 12 and the ratio of their profit is 2 3 If X ...........

Quantitative Aptitude ( CCS) Partnership

The ratio of investments of two partners X and Y is 11 ; 12 and the ratio of their profit is 2: 3. If X invested the money for 8 months, then the time for which Y invested the money is :

8 months

9 months

10 months

11 months

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Explanation:

Let capital be Rs. 11x and Y’s capital be Rs. 12x and let time for which Y invested capital is T2 months
C1×T1/C2×T2 = P1/P2
11x × 8/12x × T2 = 2/3
T2 = 11 Months
Hence the time for which y invested his capital is 11 months