Torsha started a business with ₹ 2250 while Trisha invested ₹ 2880 after a few months. If the end-of-12-months (from Torsha's investment) profit is shared by Torsha and Trisha in the ratio 25: 24, for how many months did Trisha stay invested?
- A7
- B8
- C9
- D10
Solution & Step-by-step Explanation
In a partnership business, the profit distribution ratio is equal to the product of the investment amount and its corresponding time period duration.
Let:
* Torsha's investment ()
* Torsha's time period ()
* Trisha's investment ()
* Trisha's time period ()
The given profit sharing ratio is:
Set up the investment-time equation:
Simplify the expression:
Since :
Cancel out from both denominators:
Thus, Trisha stayed invested in the business for months.
Let:
* Torsha's investment ()
* Torsha's time period ()
* Trisha's investment ()
* Trisha's time period ()
The given profit sharing ratio is:
Set up the investment-time equation:
Simplify the expression:
Since :
Cancel out from both denominators:
Thus, Trisha stayed invested in the business for months.