| Three partners invested capital in the ratio 2: 7: 9. The time period for which each of them invested was in the ratio of the reciprocals of the amount invested. Find the share of the partner who brought in the highest capital, if profit is Rs. 1080. |
A) Rs. 120
B) Rs. 360
C) Rs. 540
D) Rs. 420
E) None of these
Correct Answer: B
Solution :
| According to the question, |
| Ratio of capital \[=2:7:9\] |
| Ratio of time \[=\frac{1}{2}:\frac{1}{7}:\frac{1}{9}\] |
| \[\therefore \]Ratio of Investment \[=2\times \frac{1}{2}:7\times \frac{1}{7}:9\times \frac{1}{9}\] |
| \[=1:1:1\] |
| \[\therefore \]Share of each partner \[=\frac{1}{3}\times 1080=\text{Rs}\text{.}\,\,\text{360}\] |
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