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Kanti started a business investing Rs. 90000. Five months later Sudhakar joined him by investing Rs. 8000. If they make a profit of Rs. 6970 at the end of year. Sudhakar's share of profit is?

Rs. 3690
Rs. 1883.73
Rs. 2380
Rs. 3864

Correct Answer: Rs. 2380

Explanation:

∵ Ratio of shares = (9000 x 12) : (8000 x 7) = 108 : 56 = 27 : 14
∴ Sudhakar's share = Rs. 6970 x (14/41) = Rs. 2380

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