A, B and C are Partners. ‘A’ whose money has been in the business for 4 months claims 1/8 of the profits, ‘B’ whose money has been in the business for 6 months claims 1/3 of the profits. If ‘C’ had Tk.1560 in the business for 8 months, how much money did A and B contribute to the business?
A. 720
B. 1560
C. 2000
D. 1280
Answer: Option C
Solution (By Examveda Team)
Ratio of thier prifit= 1/8 : 1/3:(1-(1/8+1/3))= 1/8 : 1/3 : 13/24
= 3:8:13
Now,for A & C
A*4 :c*8 = 3:13
A*4 :1560*8 = 3:13
A = (1560*8*3)/(4*13) = 720
For B & C,
B*6 :c*8 = 8:13
B*6 :1560*8 = 8:13
B = (1560*8*8)/(6*13) = 1280
Contribution by A & B together
= 720+1280= 2000
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