Simran started a software business by investing ₹ 50000. After six months, Nanda joined her with a capital of ₹ 80000. After 3 years, they earned a profit of ₹ 24500. What was Simran's share in the profit?
Aptitude
Partnership
Difficulty: Medium
Choose an option
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A₹ 9423
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B₹ 10,250
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C₹ 12500
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D₹ 14000
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ENone of these
Answer
Correct Answer: None of these
Explanation
### Concept & Multi-Year Profit Distribution
Calculate the profit-sharing ratio by multiplying each partner's capital by the number of months it was invested. When the result is not among the explicit numerical options, trust your calculation over guessing.
$$ \text{Share of A} = \text{Total Profit} \times \left( \frac{\text{Ratio Part of A}}{\text{Total Ratio Parts}} \right) $$
### Step-by-Step Solution
* **Given:**
* Total duration = $3$ years = $36$ months.
* Simran's capital = ₹ $50000$ (active for $36$ months).
* Nanda's capital = ₹ $80000$ (joined $6$ months later).
* Total Profit = ₹ $24500$.
* **Calculation/Deduction:**
1. Determine Nanda's active time:
$$\text{Nanda's time} = 36 - 6 = 30 \text{ months}$$
2. Establish the ratio of their investments:
$$\text{Simran} : \text{Nanda} = (50000 \times 36) : (80000 \times 30)$$
3. Simplify the ratio by removing four zeros from the capitals:
$$\text{Ratio} = (5 \times 36) : (8 \times 30)$$
4. Simplify further (divide both by $6$):
$$\text{Ratio} = (5 \times 6) : (8 \times 5)$$
$$\text{Ratio} = 30 : 40 = 3 : 4$$
5. Total parts = $3 + 4 = 7$.
6. Calculate Simran's share (3 parts):
$$\text{Simran's Share} = 24500 \times \left(\frac{3}{7}\right)$$
$$\text{Simran's Share} = 3500 \times 3 = 10500$$
7. Compare with options. ₹ $10500$ is not listed among (a), (b), (c), or (d).
### Exam Strategy & Shortcut
Simplify $(5 \times 36) : (8 \times 30)$ quickly by noting $36/30 = 6/5$. Thus the ratio is $5 \times 6 : 8 \times 5 \implies 30:40 \implies 3:4$. Knowing the total parts is $7$, $24500/7 = 3500$. Simran's share is $3500 \times 3 = 10500$. Since $10500$ is missing, immediately mark "None of these" without second-guessing.
### Common Pitfall
A common mistake is forcing an answer. Students might arrive at $10500$, see $10250$ in the options, assume they made a small arithmetic error, and mark the wrong option instead of confidently selecting "None of these".
### Final Answer
Therefore, the correct answer is **None of these**.