Kamal started a business investing Rs.9000. After five months, Sameer joined with a capital of Rs.8000. If at the end of the year, they earn a profit of Rs.6970, then what will be the share of Sameer in the profit?
Rs.2280
Rs.2380
Rs.2370
Rs.2390
A
Rs.2390
B
Rs.2370
C
Rs.2380
D
Rs.2280
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Solution
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Now as per question, Kamal invested for 12 months and Sameer invested for 7 months. So, Kamal:Sameer=(9000×12):(8000×7) =108.56=27:14 Sameer ratio in profit will be =6970×1441=Rs.2380
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