Multiple Choice Questions on Vibhor started a retail business by investing Rs 50 000 After six months Keisham joined him with a ........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Vibhor started a retail business by investing Rs 50,000. After six months Keisham joined him with a capital of Rs 80,000. After 3 years. They earned a profit of Rs 24,500. What was the Vibhor's share in the profit?

    5500

    Incorrect Answer

    4500

    Incorrect Answer

    10500

    Correct Answer

    12650

    Incorrect Answer
    Explanation:

    Vibhor : Keisham = (50000 × 36) : (80000 × 30)
     ⇒ 3 : 4
    Vibhor's share =  Rs[24500 x 3/7]
    ⇒ Rs.10500.


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