Ram purchase recurring deposit of Rs.1 lakh from post office which pays 8% compound interest annually, Shayam purchase fix deposit of Rs.1.5 lakh from bank which pays 6% compound interest annually, After 2 years they started business with respected amount they get (including interests), After one year of business they get profit of Rs.47,530 in the respected ratio of amount (including interests), Find profit of Ram in business.
1
Rs.19,450
2
Rs.18,440
3
Rs.20,440
4
Rs.19,440
5
None of these