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Question

Maruti and Suzuki entered into a partnership 5 months ago. The ratio of profit claimed by Maruti and Suzuki is 6:17. If Suzuki had just started business 12 months ago with Rs. 1275, what is the amount contributed by Maruti?

A
Rs. 980
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B
Rs. 1080
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C
Rs. 1200
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D
Rs. 998
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Solution

The correct option is B Rs. 1080
Concept: Ratio of product of investment and time duration is equal to ratio of profit.

Here, For Maruti, let investment (Contribution) = X Rs. for 5 months

For Suzuki, investment = 1275 Rs for 12 months.

Ratio of profit =6:17

Now, Investment by Maruti × Time duration of investmentInvestment by Suzuki × Time duration of investment=Ratio of profit

X×51275×12=617

X=6×1275× 1217×5=1080 Rs

Hence, contribution of Maruti =1080 Rs.

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