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Question

# Satish and Pravin invested ₹20,000 per month and ₹10,000 per month respectively in a business at the beginning of the year. After 6 months, Neeraj joined them with a capital of ₹10,000 per month. If they make a profit of ₹28,000 at the end of the year, what will be the profit Neeraj will earn?

A
₹4000
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B
₹7000
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C
₹8000
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D
₹5000
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Solution

## The correct option is A ₹4000Investment made by Satish for a period of 12 months is 20,000 × 12=2,40,000 Investment made by Pravin for a period of 12 months is 10,000 × 12=1,20,000 Investment made by Neeraj for a period of 12 months is 10,000 × 6=60,000 Investment made by Satish : Investment made by Pravin : Investment made by Neeraj = 2,40,000 : 1,20,000 : 60,000 = 4 : 2 : 1 Hence, Neeraj's profit = 28,000 × 14+2+1=28,000 × 17=₹4000

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