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Partnerships Questions

  • Numerical Ability - Partnerships
Question

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?

  • A) Rs.9423
  • B) Rs.10,250
  • C) Rs.10,500
  • D) Rs.14,000
  • E) None of these
Solution

Ans.5

Simran : Nanda = [5000 x 36] : [80000 x 3] = 3 : 4

Simran’s share = Rs. [24500 ×3/7 ]

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