Q3
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
AnswerB.
Rs. 2300
C.
Rs. 2280
D.
Rs. 2260
Answer: Option A
Solution
Answer: Option A
Solution:
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