Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?
Answers
A) 10,529  B) 10,512  C) 10,110  D) 10,500  E) 10,511
The ratio of their investments:   50000x36 : 80000x30 = 3 : 4   Simran's share of profit = (24500x3/7) = Rs.10,500.   Answer: 10,500
<result>D</result>
Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?