Multiple choice

Aman, Bhanu, Chhiresh are partners in a business. Aman, whose capital was invested for 6 months claims (\frac{1}{3}) parts of the total profit. Bhanu, whose capital was invested for 8 months claims (\frac{1}{5}) part of the total profit. Chhiresh invested Rs 52500 for 11 months, then Aman invested how much amount?

  1. Rs 55000

  2. Rs 60000

  3. Rs 62500

  4. Rs 68750

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In partnership, profit share ratio = (Capital × Time). Aman's share = 1/3 for 6 months, Bhanu's share = 1/5 for 8 months. Chhiresh invested Rs 52500 for 11 months. Let Aman's investment be x. Profit ratios: Aman : Bhanu : Chhiresh = 6x : 8y : 11×52500. Given 6x/(6x + 8y + 577500) = 1/3 and 8y/(6x + 8y + 577500) = 1/5. Solving these equations with 11×52500 = 577500 for Chhiresh, we get x = 68750. Option D is correct.