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Subodh started a business, investing Rs. 45000. After 4 months. Nepal joined him investing Rs. 30000. If the total profit earned by them at the end of the year was Rs. 13,000 what would be the difference between the shares of Subodh and Nepal ?
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- Rs. 7000
- Rs. 3000
- Rs. 9000
- None of these
Correct Option: D
Ratio between the investment of Subodh and Nepal = (45000 x 12) : (30000 x 8)
= 540000 : 240000 = 9 : 4
Total profit = Rs. 13000
∴ Subodh's share = 9/(9 + 4) x 13000 = Rs. 9000
∴ Nepal's share = 13000 - 9000 = Rs. 4000
∴ Required difference = 9000 - 4000 = Rs. 5000
