Simran started a software business by investing Rs.
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 share in the profit?
Answer/Solution
Rs 10,500
Steps/Work
Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
Simran's share = Rs.24500 x 3/7 = Rs. 10,500.
ANSWER :C
Simran's share = Rs.24500 x 3/7 = Rs. 10,500.
ANSWER :C