Multiple choice

Sarita started a boutique investing an amount of Rs. 50000. Six months later Neeta joined her with an amount Rs. 80000. At the end of one year they earned a profit of Rs. 18000. What is Sarita's share in the profit?

  1. Rs. 9000

  2. Rs. 8000

  3. Rs. 12000

  4. RS. 10000

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Sarita invested Rs. 50000 for 12 months, Neita invested Rs. 80000 for 6 months (since she joined 6 months late). Ratio of investments = 50000 × 12 : 80000 × 6 = 600000 : 480000 = 5 : 4. Sarita's share = (5/9) × 18000 = Rs. 10000. Profit is divided in proportion to capital invested × time.

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