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In a partnership between X and Y, X’s capital is 4/5 of total and is invested for ¾ year. If his share of the profit is 6/7 of the total, for how long is Y’s capital in the business?
  • a)
    4 months
  • b)
    6 months
  • c)
    12 months
  • d)
    9 months
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In a partnership between X and Y, X’s capital is 4/5 of total an...
Invested $10,000 and Y invested $15,000. If they earn a profit of $6,000, how much of the profit will X receive?

To determine the share of profit that X will receive, we need to first determine the ratio of their investments.

The total investment is $10,000 + $15,000 = $25,000

X’s investment is $10,000, which is 40% of the total investment ($10,000/$25,000).
Y’s investment is $15,000, which is 60% of the total investment ($15,000/$25,000).

Therefore, X will receive 40% of the profit:

40% of $6,000 = $2,400

So X will receive $2,400 of the $6,000 profit.

Y will receive the remaining 60% of the profit:

60% of $6,000 = $3,600
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In a partnership between X and Y, X’s capital is 4/5 of total an...
6 month
option B is correct
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In a partnership between X and Y, X’s capital is 4/5 of total and is invested for ¾ year. If his share of the profit is 6/7 of the total, for how long is Y’s capital in the business?a)4 monthsb)6 monthsc)12 monthsd)9 monthsCorrect answer is option 'B'. Can you explain this answer?
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