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Question
Simran started a software business by investing ₹50000. After six months, Nanda joined her with a capital of ₹80000. After 3 years, they earned a profit of ₹24500. What was Simran's share in the profit?
Options
₹ 9423
₹ 10250
₹ 12500
₹ 10500
MCQ
Solution
₹ 10500
Explanation:
Simran : Nanda
= (50000 x 36) : (80000 x 30) = 3 : 4
∴ Simran's share = `(24500xx3/7)` = ₹ 10500
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Ratio and Proportion (Entrance Exam)
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