Join ExamsbookAnswer : 3. "Rs. 4511"
Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?5
Q: Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?
- 1Rs. 5422false
- 2Rs. 5489false
- 3Rs. 4511true
- 4Rs. 6145false
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Answer : 3. "Rs. 4511"
Explanation :
Answer: C) Rs. 4511 Explanation: Now as per question, Karan invested for 12 months and Satish invested for 7 months. So, Karan:Satish = (29000 x 12):(18000 x 7) = 348:126 = 58:21 Satish Ratio in profit will be= 16970×2179 = Rs. 4511