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Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena's share in the profit?

Correct answer: E. None of these

  • A. Rs. 9423
  • B. Rs. 10,250
  • C. Rs. 12,500
  • D. Rs. 14,000
  • E. None of these

Explanation

Sameena's capital-time product is Rs. 50,000 x 36 months = 1,800,000 Rs.-months, while Nida's is Rs. 80,000 x 30 months = 2,400,000 Rs.-months. Their ratio is 3:4, so Sameena receives Rs. 24,500 x 3/7 = Rs. 10,500, which is not listed. A student may choose Rs. 12,500 by comparing the capitals without considering that Nida joined six months later.

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