Three partners A, B and C shared the profit in a business in the ratio 6:9:10 respectively. If A,B and C invested the money for 12 months, 7 months and 5 months respectively, then the ratio of their investment is:
The problem involves determining the ratio of investments made by A, B, and C given the profit-sharing ratio and the time each invested in the business.
The profit-sharing ratio is 6:9:10. This means that the total profit is divided among A, B, and C, respectively, in this ratio.
Each partner invested for different periods: A for 12 months, B for 7 months, and C for 5 months. The investment ratio can be determined by considering the product of the profit ratios and the corresponding investment periods.
Let the investments of A, B, and C be \(x\), \(y\), and \(z\) respectively. The profit is shared according to: