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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?
  • a)
    Rs. 1883.78
  • b)
    Rs. 2380
  • c)
    Rs. 3690
  • d)
    Rs. 3864
Correct answer is option 'B'. Can you explain this answer?
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Calculation of Share of Sameer in the Profit:

1. Kamal's investment for the whole year: Rs. 9000
2. Sameer's investment for the remaining 7 months: Rs. 8000

Calculating profit ratio:
- Kamal's investment * time = 9000 * 12 = 108000
- Sameer's investment * time = 8000 * 7 = 56000

Profit Ratio:
- Kamal : Sameer = 108000 : 56000 = 27 : 14

Calculating Sameer's share in the profit:
- Total profit = Rs. 6970
- Sameer's share = (14/41) * 6970 = Rs. 2380

Therefore, Sameer's share in the profit will be Rs. 2380.
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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?a)Rs. 1883.78b)Rs. 2380c)Rs. 3690d)Rs. 3864Correct answer is option 'B'. Can you explain this answer?
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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?a)Rs. 1883.78b)Rs. 2380c)Rs. 3690d)Rs. 3864Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about 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?a)Rs. 1883.78b)Rs. 2380c)Rs. 3690d)Rs. 3864Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?a)Rs. 1883.78b)Rs. 2380c)Rs. 3690d)Rs. 3864Correct answer is option 'B'. Can you explain this answer?.
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