Question
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 Simrans share in the profit?
Answer: Option D
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Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.
Therefore Simran's share = Rs. \(\left(24500\times\frac{3}{7}\right) \) = Rs . 10,500.
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