Correct option is A
Given:
The profit ratio of A, B, and C = 5 : 4 : 7
Their respective partnership durations:
- A's duration = 6 months
- B's duration = 12 months
- C's duration = 14 months
Formula Used:
Investment=TimeProfit
1. Let the investments of A, B, and C be represented by their profits and partnership durations:
−A′seffectiveinvestmentratio=65
−B′seffectiveinvestmentratio=124
−C′seffectiveinvestmentratio=147
2. Convert these into a common base to find the ratio of investments:
Simplifying each:
−A′seffectiveinvestment=65
−B′seffectiveinvestment=124=31
−C′seffectiveinvestment=147=21
3. Find the LCM of the denominators (6, 3, and 2) to get a common base for comparison:
- LCM = 6
Converting each ratio to have a denominator of 6:
- A's investment ratio = 5
- B's investment ratio = 2
- C's investment ratio = 3
Answer: The ratio of their respective investments is 5 : 2 : 3.