1)

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) 13500

B) 10500

C) 9423

D) None of these

Answer:

Option B

Explanation:

Simran : Nanda $=(50000\times 36):(80000\times 30)$ $=3:4$.  

Simran's share = Rs. $\left(24500\times\frac{3}{7}\right)$ = Rs. 10500.