Partnership - Quantitative Aptitude (MCQ) questions for Q. 716
Q. Rashmi and Rakhi were partners in a business. Rashmi contributed 2/3rd of the capital for 20 months and Rakhi received 3/5th of the total profit. What was the time duration of Rakhi’s investment in the business?- Published on 06 Jul 15a. 45 months
b. 30 months
c. 60 months
d. 10 months
ANSWER: 60 months
Ratio of the capital = 2 : 1
Ratio of the profit = 2 : 3
Let the duration of Rakhi’s investment be x months.
(2*20) : (1*x) = 2 : 3
x = 60 months