Mrudul invested an amount of Rs 29,500 in order to start a business. Shalaka joined her 4 months later by investing an amount of Rs 33,500. If the business earned a profit of Rs 1,20,575 at the end of two years, what was Mrudul’s share of the profit ?

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BANK PO Exam (Indian Bank) 2011 click here to view all questions

Mrudul invested an amount of Rs 29,500 in order to start a business. Shalaka joined her 4 months later by investing an amount of Rs 33,500. If the business earned a profit of Rs 1,20,575 at the end of two years, what was Mrudul’s share of the profit ?

ARs 60,725

B Rs 61,950

CRs 59,250

DRs 58,625

Akilesh Kharvi ? Jun 8 '2017 at 23:9

Answer is  Rs 61,950

Explanation:

 Ratio of the equivalent capitals of Mrudul and Shalaka

= 29500 × 24 : 33500 × 20

= 354 : 335

Sum of the ratios = 354 + 335 = 689

Mrudul’s share

Rs \(\frac{354}{689}\times120575\)

= Rs. 61950

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Answer is  Rs 61,950 Explanation:  Ratio of the equivalent capitals of Mrudul and Shalaka = 29500 × 24 : 33500 × 20 = 354 : 335 Sum of the ratios = 354 + 335 = 689 Mrudul’s share Rs \(\frac{354}{689}\times120575\) = Rs. 61950 Akilesh Kharvi ? answered Jun 8 '2017 at 23:9 All Comments

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