Krishna started a business with a capital of rs. 18000.Four months later, suneeta joined him. Who Capital of Rs. 24000 .At the end of the year, total profit earned was Rs. 5100 Suneeta's Share is Profit is
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Krishna 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 ?
A) Rs. 5422
B) Rs. 5489
C) Rs. 4511
D) Rs. 6145
Answer: C) Rs. 4511
Explanation:
Now as per question, Krishna invested for 12 months and Satish invested for 7 months.
So, Krishna:Satish = (29000 x 12):(18000 x 7)
= 348:126
= 58:21
Satish Ratio in profit will be= 16970×2179 = Rs. 4511
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