Multiple choice

Prince started a business investing Rs 30,000. After 8 months Nitish joined with a capital of Rs 45,000. At the end of the year the total profit earned was Rs 90,000. What is the share of Nitish?

  1. Rs 38000

  2. Rs 36000

  3. Rs 35000

  4. Rs 30000

  5. Rs 27000
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Prince's capital-months: 30000 × 12 = 360000. Nitish joined after 8 months, so invested for 4 months: 45000 × 4 = 180000. Ratio = 360000:180000 = 2:1. Total profit = 90000. Nitish's share = (1/3) × 90000 = 30000.

Keep practicing — related questions