Question

Simran started a software business by investing Rs. $50,000$. After six months, Nanda joined her with a capital of Rs. $80,000$. After $3$ years, they earned a profit of Rs. $24,500$. What was Simran's share in the profit?

• A. Rs. $9,423$
• B. Rs. $10,250$
• C. Rs. $12,500$
• D. Rs. $10,500$

Answer 1

Answer: (D)

Rs. $10,500$

Simran : Nanda $=(50000\times 36):(80000\times 30)=3:4$
$\therefore$ Simran's share $=$ Rs. $(24500\times \frac{3}{7})=$ Rs. $10,500$.