Question

Kamal started a business investing Rs.$9000$. After five months, Sameer joined with a capital of $Rs.8000$. If at the end of the year, they earn a profit of $Rs.6970$, then what will be the share of Sameer in the profit?

• A. $Rs.2370$
• B. $Rs.2380$
• C. $Rs.2390$
• D. $Rs.2280$

Answer 1

The correct option is B $Rs.2380$

Now as per question, Kamal invested for $12$ months and Sameer invested for $7$ months.
So, Kamal:Sameer=$\left(\begin{array}{c}9000\times 12\end{array}\right):\left(\begin{array}{c}8000\times 7\end{array}\right)$
$=108.56=27:14$
Sameer ratio in profit will be $=6970\times \frac{14}{41}=Rs.2380$