Difficulty: Medium
Correct Answer: 8 months
Explanation:
Problem restatement
Find B's joining duration given capitals and the final profit ratio over a 12-month year.
Given data
Concept/Approach
Profit share ∝ capital × time.
Step-by-step calculation
85,000 × 12 : 42,500 × t = 3 : 1 10,20,000 : 42,500t = 3 : 1 10,20,000 ÷ (42,500t) = 3 ⇒ 10,20,000 = 1,27,500t t = 10,20,000 ÷ 1,27,500 = 8 months
Final Answer
8 months
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