Multiple choice

Geeta started a business investing Rs. 45,000. After 8 months, Meenu joined her with a capital of Rs. 52,000. At the end of the year the total profit was Rs. 56,165. What is the approximate share of profit of Meenu?

  1. Rs. 11,450

  2. Rs. 14,440

  3. Rs. 27,635

  4. Rs. 31,765

  5. Rs. 15,618

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Geeta invested for 12 months, Meenu for 4 months (joined after 8 months). Ratio of investments × time: Geeta = 45000×12 = 540000, Meenu = 52000×4 = 208000. Ratio = 540000:208000 = 135:52. Meenu's share = (52/187) × 56165 ≈ 0.278 × 56165 ≈ 15618. Option E is correct.