Question: Sujoy, Mritunjoy and Paranjoy are three friends, who have worked in software firms Z Solutions, G Software’s and R Mindpower respectively for decade. The friends decided to float a new software firm named XY Infotech in January 2010. However, due to certain compulsions, Mritunjoy and Paranjoy were not able to immediately join the start-up in the appointed time. It was decided between friends that Sujoy will be running the venture as the full time director during 2010, and Mritunjoy and Paranjoy will be able to join the business only in January 2011. In order to compensate Sujoy for his efforts, it was decied that he will receive 10 percent of the profits and in the first year will invest lesser amount as compared to his friends. The remaining profit will be distributed among the friends in line with their contribution. Sujoy invested Rs. 35,000/- for 12 months, Mritunjoy invested Rs. 1,30,000/- for 6 months and Paranjoy invested Rs. 75,000/- for 8 months. If the total profit earned during 2010 was Rs. 4,50,000/-, then Paranjoy earned a profit of:
Sujoy receives 10% of the profit for his efforts.
Remaining 90% of the profit is distributed among the friends in the line with their contribution.
Now, Sujoy invested Rs. 35,000 for 12 months, Mritunjoy invested Rs. 1,30,000 for 6 months, and Paranjoy invested Rs. 75,000 for 8 months.
Hence, option (d).