Multiple choice

Simran started a software business by investing Rs 50000 After six months Nanda joined her with a capital of Rs 80000 After 3 year they earned a profit of Rs 24500 What was Simran's share in the profit?

  1. Rs 9423

  2. Rs 10500

  3. Rs 12500

  4. Rs 14000
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Simran's investment: 50000 * 36 months = 1,800,000. Nanda's investment: 80000 * 30 months = 2,400,000. Ratio = 18:24 = 3:4. Simran's share = (3/7) * 24500 = 3 * 3500 = 10500.

AI explanation

Simran's investment is 50000 for 3 years, while Nanda's investment is 80000 for 2.5 years (joining after six months). The ratio of their profits is 150000 : 200000, which simplifies to 3 : 4. Simran receives 3/7 of the total profit, so her share is (3/7) * 24500 = Rs. 10500.

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