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?
Correct Answer : E
A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and 10 months, a profit of Rs. 378 is divided among them. What is B’s share?
A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?
Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If manick invested Rs. 20,000 for 6 months, whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq?