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1. Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit?

Solution:
Simran:Nanda=(50000×36):(80000×30)=3:4Simran'sshare=Rs.(24500×37)=Rs.10,500

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