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Question

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 would invest Rs. 8400 for 5 months and C would invest 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
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B
Rs. 2660
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C
Rs. 2800
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D
Rs. 2840
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Solution

The correct option is B Rs. 2660
For managing, A received =5% of Rs. 7400= Rs. 370.
Balance = Rs. (7400370)= Rs. 7030.
Ratio of their investments =(6500×6):(8400×5):(10000×3)
=39000:42000:30000
=13:14:10
B's share = Rs. (7030×1437)= Rs. 2660.

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