Riya started a project by investing Rs. 60,000. 6 months later her sister Riama joins her by investing Rs. 1,00,000.At the end of 1 year from the commencement of the business ,they earn a profit of Rs.27,038.Find Riama’s share in the profit?
Rs.14,150
Incorrect AnswerRs.13,100
Incorrect AnswerRs.13,560
Incorrect AnswerExplanation:
Riya and Raima’s capital in the ratio
= (60,000*12) : (1,00,000*6)
= 5 : 6
Therefore ,Raima’s share in the profit = (5/11)*27,038 = 12,290
Hence, option 4 is the correct answer.
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By: Amit Kumar