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Ram and Shyam enter into a partnership by contributing capitals in the ratio 16 : 7. After 5 months Ram withdraws. If finally they share profit in the ratio of 5 : 7, find how long Shyam’s capital was used ?
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- 15 months
- 14 months
- 12 months
- 16 months
Correct Option: D
Given that , Ratio of profit = 5 : 7
Let us assume that Shyam’s capital was used for t months.
Then we can write the ratio of their equivalent capital investment as
| Ram : Shyam = | = | 7 × t | 7 |
⇒ t = 16
So, Shyam’s capital was used for 16 months.
