Q.

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?

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!
An Intiative by Sri Chaitanya

a

Rs.14,000 

b

Rs.10,250

c

Rs.9423 

d

Rs.10,500 

answer is C.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

The share of Simran in the business is 36·50000

The share of Nanda in the business is 30·80000

Hence, their shares ratio is 365:308=3:4

Given that the profit is 24500

Hence the Simran's Share in the profit is 3724500=10500

Therefore, the Simran's profit share is Rs 10,500

Watch 3-min video & get full concept clarity
score_test_img

Get Expert Academic Guidance – Connect with a Counselor Today!

whats app icon