A and B enter into a partnership with Rs.50000 and Rs. 60000 respectively. C joins them after 'x' months, contributing Rs.70000 and B leaves 'x' months before the end of the year. If they share the profit in the ratio of 20 : 18 : 21, then find the value of 'x'.
A invested his capital for 12 months
given that,
B and C invested his capital for (12 - x) months
as we know that
$$investment\times time = profit$$
Ratio of profits os A, B, C
=$$(50000\times 12): [60000\times (12−x)] :[70000\times (12−x)] =20:18:21$$
60:6(12−x):7(12−x) =20:18:21
to equate multiply by 3
20:18:21=60:54:63
so
$$60:6\times (12−x):7\times (12−x) = 60:54:63$$
$$60:(72−6x):(84−7x) = 6060 : 5454 : 6363$$
So, 72−6x=54
=6x=18
x=3
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