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Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?
  • a)
    8 months
  • b)
    10 months
  • c)
    11 months
  • d)
    17 months
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Rahul and Bharti are partners in a business. Rahul contributes 1/4th c...
Understanding the Profit Sharing Scenario
In this partnership, we have two partners: Rahul and Bharti. The profit sharing is uneven, with Bharti receiving a larger portion (2/3 of the profit).
Initial Capital Contributions
- Rahul contributes 1/4 of the capital.
- Therefore, Bharti contributes the remaining capital:
- Bharti's contribution = Total Capital - Rahul's Contribution = 1 - 1/4 = 3/4 of the capital.
Duration of Capital Contribution
- Rahul's capital is used for 15 months.
- Let’s denote Bharti’s duration of capital use as \( x \) months.
Calculating Profit Shares
- The profit share is based on the product of capital and time.
- Rahul’s share of profit = \( \frac{1}{4} \times 15 = \frac{15}{4} \) capital-months.
- Bharti’s share of profit = \( \frac{3}{4} \times x \) capital-months.
Setting Up the Equation
Since Bharti received 2/3 of the total profit, we can equate their shares:
- Total profit = Rahul's share + Bharti's share
- Therefore, \( \frac{15}{4} + \frac{3}{4}x \).
Equating Bharti's share to 2/3 of the total profit:
Equation Formation
- \( \frac{3}{4}x = \frac{2}{3} \left( \frac{15}{4} + \frac{3}{4}x \right) \).
Solving for x
1. Multiply through by 12 to eliminate fractions:
\( 9x = 8 \left( \frac{15}{4} + \frac{3}{4}x \right) \)
\( 9x = 30 + 6x \)
2. Rearranging gives:
\( 3x = 30 \)
\( x = 10 \).
Conclusion
Thus, Bharti's money was used for 10 months, confirming option 'B' as the correct answer.
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Community Answer
Rahul and Bharti are partners in a business. Rahul contributes 1/4th c...
Bharti’s share of profit = 2/3
Thus Rahul’s share of profit = 1 – 2/3 = 1/3
Hence profit sharing ratio of Rahul and Bharti = 1/3 : 2/3 = 1 : 3
Rahul’s share of capital = 1/4
So, Bharti’s share of capital = 1 – 1/4 = 3/4
Now let Bharti’s capital was used for y months
Therefore, one month equivalent capital of Rahul = 1/4 × 15 = 15/4
And one month equivalent capital of Bharti = 3/4 × y = 3y/4
So, 15/4/3y/4 = 1/2
=> y = 10 (option ‘B’) 
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Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?a)8 monthsb)10 monthsc)11 monthsd)17 monthsCorrect answer is option 'B'. Can you explain this answer?
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Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?a)8 monthsb)10 monthsc)11 monthsd)17 monthsCorrect answer is option 'B'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?a)8 monthsb)10 monthsc)11 monthsd)17 monthsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used?a)8 monthsb)10 monthsc)11 monthsd)17 monthsCorrect answer is option 'B'. Can you explain this answer?.
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