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 $=\frac{1}{4}:\frac{3}{4}=1:3$
Let Ravi’s investment and Shyam’s investment $\frac{1200}{25}$ 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
$\Rightarrow \frac{1\mathit{p}\times 15}{3\mathit{p}\times \mathit{t}}=\frac{1}{2}\Rightarrow \mathit{t}=10$ months