Simran started a software business by investing Tk. 50, After six months, Nanda joined her with a capital of Tk. 80, After 3 years, they earned a profit of Tk. 24, What was Simran's share in the profit?

Simran started a software business by investing Tk. 50, After six months, Nanda joined her with a capital of Tk. 80, After 3 years, they earned a profit of Tk. 24, What was Simran's share in the profit?

A Tk. 9,423

B Tk. 10,250

C Tk. 12,500

D Tk. 10,500

Solution

Correct Answer: Option D

Simran : Nanda = (50000 x 36) : (80000 x 30)

= 3 : 4.

Therefore, Simran's share = Tk. (24500 x 3/7)

= Tk. 10,500.