Arithmetic Ability
Partnership

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Q.

Karan 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 ?

View Answer

Correct choice: C

Explanation:

Now as per question, Karan invested for 12 months and Satish invested for 7 months. So, Karan: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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