Question : Three partners shared the profit in a business in the ratio 8 : 7 : 5. They invested their capital for 7 months, 8 months and 14 months, respectively. What was the ratio of their capitals?
Option 1: 49 : 64 : 20
Option 2: 20 : 49 : 64
Option 3: 20 : 64 : 49
Option 4: 64 : 49 : 20
Correct Answer: 64 : 49 : 20
Solution :
Profit ratio = 8 : 7 : 5
Period of investment of first-person = 7
Period of investment of second person = 8
Period of investment of third person = 14
Let $x,y,z$ be the capital invested by the three persons.
The ratio of profit = the ratio of (invested capital × invested time)
$7x : 8y : 14z = 8 : 7 : 5$
$\frac{7x}{8y} = \frac{8}{7}$
⇒ $y = \frac{49x}{64}$
$\frac{7x}{14z} = \frac{8}{5}$
⇒ $z = \frac{5x}{16}$
Ratio of capitals = $x : y : z$
$= x : \frac{49x}{64} : \frac{5x}{16}$
$= 64 : 49 : 20$
Hence, the correct answer is 64 : 49 : 20.
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