Question

Raksha invested an amount of Rs. 60000 to start of software business. After six months, Kamal joined her with an amount of Rs. 90000. After one year from the commencement of the business, Raksha put in an additional amount of Rs. 20000. At the end of 3 yr, they earned a profit of Rs. 7120000. What is Raksha’s share in the profit?
(a) Rs. 3520000
(b) Rs. 2640000
(c) Rs. 2700000
(d) Rs. 3840000
(e) None of these

Answer 1

60000x 1 + 20000x2  :   90000 x 2.5

4 : 9

Raksh's share = 7120000  x 4/13 = 28480000/13 = Rs. 2190769.23

None of these.

You pls check the amount Raksha put in additional.

Answer 2

Answer:

First calculate the amounts invested by Raksha and Kamal in total.

Raksha invested 60,000 *12 + 80,000 *24 = Rs 2640000

Now Kamal investment  = 90,000 *30 = Rs 2700000

So the ratio of the investments is 2640000 : 2700000 = 44 :45

This ratio becomes the ratio of profit

44 :45 = 89

So 89 corresponds to 7120000

Therefore, 1 corresponds to 80,000

There fore the share of Raksha is Rs 44 * 80,000 = Rs 3520000.

So, the answer is option (a) Rs 3520000.