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Sunetra invested an amount of Rs. 50,000 to start a software business. After six months Nikhil joined her with an amount of Rs. 80,000. At the end of 3 years they earned a profit of Rs. 24,500/-. What is Sunetra?s share in the profit ?1). Rs. 14,0002). Rs. 9,4233). Rs. 10,2504). Rs. 12,500 |
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Answer» Solution The PROFIT shares of the TWO are PROPORTIONAL to the weighted average of investment and time. Hence, the RELATIVE RATIO is 50000*36 : 80000*30 = 180:240 = 3:4 Total profit is 24500. |
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