Difficulty: Easy
Correct Answer: 3 months
Explanation:
Introduction / Context:
Profit in partnerships is proportional to (capital × time). Knowing the capital ratio and profit ratio, we can infer one partner’s investment duration from the other’s time period.
Given Data / Assumptions:
Concept / Approach:
Set up the equality: (12 × 11) : (11 × t) = 4 : 1. Solve for t by cross-multiplying. This directly uses the money-time product model of profit sharing.
Step-by-Step Solution:
(12 × 11) / (11 × t) = 4 / 1.132 / (11t) = 4 ⇒ 132 = 44t ⇒ t = 3 months.
Verification / Alternative check:
Check weights: A weight = 12 × 11 = 132; B weight = 11 × 3 = 33; ratio 132 : 33 = 4 : 1, matching the profit ratio.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
3 months
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