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Question

Simran started a software business by investing Rs 50000 After six months Nanda joined her with a capital of Rs 80000 After 3 year they earned a profit of Rs 24500 What was Simran's share in the profit?

A
Rs 9423
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B
Rs 10500
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C
Rs 12500
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D
Rs 14000
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Solution

The correct option is C Rs 10500
Simran invested Rs 50000 for 36 months and Nanda invest Rs 80000 for 30 months
Then Ratio of their investment=50000×36:80000×30
1800000:2400000
3:4
Total profit= Rs.24500
Then Simran Share of Profit=37×24500=10500Rs.

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