Simran started a software business by investing ₹ 50000. After six months, Nanda joined her with a capital of… · ABC26GN3243

Subject: General Aptitude · Chapter: Partnership · Exam: Bank P.O. 2004

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

(a)₹ 9423

(b)₹ 10,250

(c)₹ 12500

(d)₹ 14000

(e)None of these

Answer

Answer (as printed): E

Explanation

$$\begin{aligned} \text { Simran : Nanda } & =(50000 \times 36):(80000 \times 30) \\ & =1800000: 2400000=3: 4 . \\ \therefore \text { Simran's share } & =₹\left(24500 \times \frac{3}{7}\right)=₹ 10500 . \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Partnership

1. Practise the PYQsPrevious-year questions, with answers

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