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What do you mean by order of matrix?

Asked by Preeti 08/11/2016 Last Modified 22/11/2016

1 Answer

+2 Matrices Mathematics

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A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit. A. Rs. 1900 B. Rs. 2660 C. Rs. 2800 D. Rs. 2840

Option B. Rs 2660/- A received = 5% of Rs. 7400 = Rs. 370. Balance = Rs. (7400 - 370) = Rs. 7030. Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3) = 13 : 14 : 10 B's share = Rs.7030 x14/37 = Rs. 2660.

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