Three partners invested in a business in the ratio 6:7:9. They invested their capitals for 7 months, 3 months and 9 months, respectively. What was the ratio of their profits?
Given:
Investment ratios of partners = 6 : 7 : 9
Time of investment = 7 months, 3 months, 9 months
Formula Used:
Profit Share ∝ (Capital Invested) × (Time)
Solution:
Partner A: 6 × 7 = 42
Partner B: 7 × 3 = 21
Partner C: 9 × 9 = 81
So, Profit ratio = 42 : 21 : 81 = 14 : 7 : 27
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