Question
Vikram started a business with a capital of ₹3000.
After 5 months, Meera joined him with a capital which is 25% more than Vikram’s capital. At the end of one year, the total profit is ₹1660. Find Meera’s share in the profit.Solution
According to the question
Vikram’s capital = ₹3000 Meera’s capital = ₹3000 + 25% of ₹3000 = ₹3750 Vikram’s time = 12 months Meera’s time = 12 − 5 = 7 months Capital × Time: Vikram = 3000 × 12 = 36000 Meera = 3750 × 7 = 26250 Ratio (Vikram : Meera) = 36000 : 26250 = 48 : 35 Total parts = 48 + 35 = 83 Meera’s share = (35 / 83) × 1660 = 35 × 20 = ₹700
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