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A woman starts a bangle business by investing Rs. 60,000. six months later, her friend named jolly joins her by investing Rs. 1,00,000. At the end of one year from commencement of the business, they earn a profit of Rs. 151,8000. What is the jolly’s share in the profit?
Rs.69,000
Rs.78,450
Rs.46,522
Rs.78,500
Ratio of the capitals = 60,000 *12 : 1,00,000 * 6 =6 : 5
Hence, Jolly’s share = (5/11*1,51,800) = Rs.69,000
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