Practicing Success
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? |
9423 10250 12500 10500 |
10500 |
Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4. Simran's share = Rs 24500*3/7=10500 |