In a joint business, X invests for and Y invests for a certain number of months. If they receive and respectively as profit, find the duration for which Y's capital was invested.
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the total investment duration for Y be .
The ratio of profits matches the ratio of the products of capital and duration:
Simplifying both sides:
Cross-multiplying to solve for :
The ratio of profits matches the ratio of the products of capital and duration:
Simplifying both sides:
Cross-multiplying to solve for :