Mathematics · Partnership
Arjun and Suman entered into a partnership to open a boutique hotel with initial investments of Rs. 20,000 and Rs. 30,000 respectively. After 6 months, Kabir joined them with an investment of Rs. 40,000, and at the same time Arjun invested an additional Rs. 4000. If at the end of two years, Suman received Rs. 15,000 as her share of profit, what was the total profit earned?
- 1Rs. 40500
- 2Rs. 38500
- 3Rs. 42000
- 4Rs. 41500✓
Correct answer
Rs. 41500
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