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, 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

Answer 1

The correct option is B RS.2660

A's investment=$6500\times 6=39000$
B's investment=$8400\times 5=42000$
C's investment=$10000\times 3=30000$
Ratio of investment=$39000:42000:30000$
$=13:14:10$
For managing A received=5 % of 7400=$\frac{5}{100}\times 7400=370$
Balance=$7400-370=7030$
$\therefore B^{\prime }sshare=\frac{14}{37}\times 7030=2660$