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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, 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.


  • Options
  • A. Rs. 1900
  • B. Rs. 2660
  • C. Rs. 2800
  • D. Rs. 2840

  • Correct Answer
  • Rs. 2660 

    Explanation
    For managing, 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)

       = 39000 : 42000 : 30000

       = 13 : 14 : 10

    ∴ B's share = Rs. 7030 x 14 = Rs. 2660.
    37


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