TS ICET 23 May 2018 Shift 1 Paper

Given that Ravi contributed 1/4th of the capital
⇒ Ratio of Ravi’s investment and Shyam’s investment =

1

4

:

3

4

=1:3
Let Ravi’s investment and Shyam’s investment

1200

25

be 1p and 3p respectively
Given Shyam receives 2/3rd of the total profit
⇒ Ratio of the profit received by Ravi and Shyam = 1 : 2
Let the time for which Shyam’s money was in business be t months
⇒

1p×15

3p×t

=

1

2

⇒t=10 months