Difficulty: Medium
Correct Answer: 20 : 49 : 64
Explanation:
Problem restatement
Given profit shares and the months each partner remained invested, back out the ratio of investments.
Concept/Approach
Profit ∝ (investment × time). If I1, I2, I3 are investments and t1, t2, t3 their durations, then: I1t1 : I2t2 : I3t3 = 5 : 7 : 8 Thus, I1 : I2 : I3 = (5/14) : (7/8) : (8/7)
Step-by-step calculation
Multiply each by LCM(14, 8, 7) = 56: (5/14)×56 = 20 (7/8)×56 = 49 (8/7)×56 = 64 Investment ratio = 20 : 49 : 64
Common pitfalls
Final Answer
20 : 49 : 64
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