Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
A. Rs. 2380 B. Rs. 2300 C. Rs. 2280 D. Rs. 2260 Answer: Option AShow Answer
Solution(By Apex Team)
Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
So Kamal : Sameer = (9000 × 12) : (8000 × 7)
= 108 : 56
= 27 : 14
Sameer Ratio in profit will be
$\begin{aligned}&=6970\times\frac{14}{41}\\
&=\text{ Rs. }2380\end{aligned}$
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Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
A. Rs. 2380B. Rs. 2300
C. Rs. 2280
D. Rs. 2260
P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs 40000, the amount invested by Q is
A. Rs. 40000B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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