Q:
Ramesh started a software business by investing Rs. 50,000. After six months, Rajesh joined him with a capital of Rs. 75,000. After 3 years, they earned a profit of Rs. 27,000. What was Rajesh's share in the profit?
Answer & Explanation
Answer: B) 15,000
Explanation:
Ramesh : Rajesh =(50,000*36) : (75,000*30) =4 : 5.
Therefore, Rajesh's share=Rs.(27,000*5/9)= Rs.15,000.
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