Nirmal and Kapil starting a business investing Rs. 9,000 and Rs. 12,000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4,600 what was Kapil’s share in it?
Explanation:
Nirmal’s investment for 12 months = 9,000
Kapil average investment for 12 months = (12000 × 6 + 6000 × 6)/12 = 9,000
∴ Ratio of their profit = Ratio of their investment
⇒ Profit of Nirmal : Profit of Kapil = 9000 : 9000 = 1 : 1
Hence, Kapil’s profit = 1/2 × 4600 = 2300.
Hence, option (d).
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