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Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?

Rs. 5422
Rs. 5489
Rs. 4511
Rs. 6145

Correct Answer: Rs. 4511

Explanation:

Now as per question, Karan invested for 12 months and Satish invested for 7 months.

So, Karan:Satish = (29000 x 12):(18000 x 7)

= 348:126

= 58:21

Satish Ratio in profit will be= $16970 \times \frac{21}{79}$ = Rs. 4511

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