Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?
Correct Answer: Rs. 4511
Explanation:
Now as per question, Karan invested for 12 months and Satish invested for 7 months.