Question

Nikita and Nishita enter into a partnership by investing Rs 50,000 and Rs 40,000, respectively. They agreed to share profits in the ratio of their capitals. Find out the share of Nikita when the profit of the business is Rs 22500 after a year.

• A. Rs 1,500
• B. Rs 9,500
• C. Rs 10,500
• D. Rs 13,500
• E. None of the above

Answer 1

The correct option is D Rs 13,500

Here, $C_1=50000,C_2=40000andP=22500$
$\therefore C_1+C_2=50000+40000=90000$
$\therefore$ Nikita's share $=\frac{C_1\times P}{C_1+C_2}=\frac{50000\times 22500}{90000}$
$=\frac{5}{9}\times 22500=Rs12500$