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    Question

    ‘Riya’ invested Rs. 1,600 in a business. After 9

    months, ‘Simran’ joined her with 50% of Riya's capital. If the total annual profit is Rs. 4,500, find Simran’s share in the profit.
    A Rs 800 Correct Answer Incorrect Answer
    B Rs 200 Correct Answer Incorrect Answer
    C Rs 600 Correct Answer Incorrect Answer
    D Rs 500 Correct Answer Incorrect Answer
    E Rs 1000 Correct Answer Incorrect Answer

    Solution

    Investment by Simran = 1600 × 0.5 = Rs. 800
    Ratio = (12 × 1600):(3 × 800) = 19200:2400 = 8:1
    Simran’s share = 4500 × (1/9) = Rs. 500

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