Simran invested Rs. 50,000 in his software firm. Nanda joined her six months later with a capital of Rs. 80,000. They made a profit of Rs. 24,500 after three years. What percentage of the profit did Simran get?
A. Rs. 9,423
B. Rs. 10,250
C. Rs. 12,500
D. Rs. 10,500
Answer:D
Simran invested Rs. 50,000 in his software firm. Nanda joined her six months later with a capital of Rs. 80,000. They made a profit of Rs. 24,500 after three years. What percentage of the profit did Simran get?
A. Rs. 9,423 B. Rs. 10,250 C. Rs. 12,500 D. Rs. 10,500
Explanation: Nanda : Simran = (50000 x 36) : (80000 x 30) = 3 : 4,Simran's portion is Rs. 24,500 multiplied by 3/7 Equals Rs.