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Question

The ratio in which Aman and Bimal have contributed to the capital of a company is 3:4. Bimal has invested his capital for only 3 months and has received half as much profit as Aman, at the end of the year. Find out for how much time has Aman invested his capital in the company.

A
8 months
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B
14 months
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C
15 months
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D
1 year
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Solution

The correct option is A 8 months
Aman and Bimal invested in ratio =3:4
Bimal invested for 3 month where as Aman for T month effective investment Ratio =3t:4×3
=3t:12=t:14
ATQ
t4=21
t=8 months.

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