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Sunetra started a business of software w...

Sunetra started a business of software with Rs. 50,000. After 6 months Nikhil joined her with Rs. 80,000. At the end of 3 years they earned a profit of Rs. 24,500. What is the share of Sunetra in the profit?

A

Rs. 14,000

B

Rs. 9,423

C

Rs. 10,250

D

None of these

Text Solution

AI Generated Solution

The correct Answer is:
To find the share of Sunetra in the profit, we need to calculate the effective capital contribution of both Sunetra and Nikhil over the time they invested in the business. ### Step 1: Calculate the time of investment for each partner. - Sunetra invested Rs. 50,000 for the entire 3 years (36 months). - Nikhil joined after 6 months, so he invested Rs. 80,000 for 2.5 years (30 months). ### Step 2: Calculate the capital contribution for each partner. - For Sunetra: \[ \text{Capital Contribution of Sunetra} = \text{Investment} \times \text{Time} = 50,000 \times 36 = 1,800,000 \] - For Nikhil: \[ \text{Capital Contribution of Nikhil} = \text{Investment} \times \text{Time} = 80,000 \times 30 = 2,400,000 \] ### Step 3: Calculate the total capital contribution. \[ \text{Total Capital Contribution} = \text{Capital Contribution of Sunetra} + \text{Capital Contribution of Nikhil} = 1,800,000 + 2,400,000 = 4,200,000 \] ### Step 4: Determine the share of each partner in the total capital contribution. - Share of Sunetra: \[ \text{Share of Sunetra} = \frac{\text{Capital Contribution of Sunetra}}{\text{Total Capital Contribution}} = \frac{1,800,000}{4,200,000} = \frac{18}{42} = \frac{3}{7} \] - Share of Nikhil: \[ \text{Share of Nikhil} = \frac{\text{Capital Contribution of Nikhil}}{\text{Total Capital Contribution}} = \frac{2,400,000}{4,200,000} = \frac{24}{42} = \frac{4}{7} \] ### Step 5: Calculate Sunetra's share of the profit. - Total Profit = Rs. 24,500 - Sunetra's Share of Profit: \[ \text{Sunetra's Share of Profit} = \text{Total Profit} \times \text{Share of Sunetra} = 24,500 \times \frac{3}{7} = 10,500 \] ### Final Answer: Sunetra's share in the profit is Rs. 10,500. ---
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