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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?

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 Simran’s share in the profit?

[A].

Rs. 9,423

[B].

Rs. 10,250

[C].

Rs. 12,500

[D].

Rs. 10,500

Answer: Option D

Explanation:

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.

Simran’s share = Rs. 24500 x 3 = Rs. 10,500.
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