CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
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
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Rs 10500
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Rs 12500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Rs 14000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Prices Related to Buying and Selling
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon