1. Sarita started a boutique investing an amount of Rs. 50,000. Six months later Neeta joined her with an amount of Rs. 80,000. At the end of one year they earned a profit of Rs. 18,000. What is Sarita’s share in the profit?
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By: anil on 05 May 2019 01.38 am
Amount invested by Sarita = Rs. 50,000 and amount invested by Neeta = Rs. 80,000 Ratio of amount invested by Sarita : Neeta = 5 : 8 Time period in which Sarita invested = 12 months and Neeta = 6 months Ratio of time periods of Sarita : Neeta = 2 : 1 => Ratio of profits earned by Sarita : Neeta = $$(5 imes 2)$$:$$(8 imes 1)$$ = 5 : 4 Total profit earned = Rs. 18,000 $$ herefore$$ Sarita’s share in the profit = $$frac{5}{(5+4)} imes 18,000$$ = $$5 imes 2,000 = Rs. 10,000$$ => Ans - (D)
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