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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

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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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B. Rs 2660
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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...
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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. Ans: B. Rs 2660 Solution: Ratio of Investment: A : B: C = Rs 6500x 6 : Rs 8400x5 : Rs 10,000x3 = 13 : 14 : 10 Remaining profit after diverting 5% profit to A= 95% of 7400= Rs 7030 B's share of the remaining profit= (14/37) x 7030= Rs 2626 read less
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A's share as working member=5%of 7400=Rs 370. so remaining profit=7400-370=Rs 7030 A's investment for 6 months=Rs 6500,for 1 month= 6500*6=Rs 39000 B's investment for 5 months=Rs 8400,for 1 month= 8400*5=Rs 42000 C's investment for 3 months=Rs 10000,for 1 month= 10000*3=Rs 30000 So A:B:C=39000:42000:30000=13:14:10 B's...
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A's share as working member=5%of 7400=Rs 370. so remaining profit=7400-370=Rs 7030 A's investment for 6 months=Rs 6500,for 1 month= 6500*6=Rs 39000 B's investment for 5 months=Rs 8400,for 1 month= 8400*5=Rs 42000 C's investment for 3 months=Rs 10000,for 1 month= 10000*3=Rs 30000 So A:B:C=39000:42000:30000=13:14:10 B's share of profit=7030*14/37=2660. read less
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Answer is B - 2660
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B. Rs. 2,660
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Ratio of investments of A, B and C = (6500 x 6) : (8400 x 5) :(10000 x 3) i.e. = 13 : 14: 10 Total profit earned by them = Rs. 7400 5% of profit = (7400 x 5)/100 = 370 Remaining profit = 7400...
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Ratio of investments of A, B and C = (6500 x 6) : (8400 x 5) :(10000 x 3) i.e. = 13 : 14: 10 Total profit earned by them = Rs. 7400 5% of profit = (7400 x 5)/100 = 370 Remaining profit = 7400 - 370 = 7030 Share of B in the profit = (7030 x 14 )/37 = Rs. 2660 read less
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