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.

  • Option 1)

    Rs. 1900

  • Option 2)

    Rs. 2660

  • Option 3)

    Rs. 2800

  • Option 4)

    Rs. 2840

  • Option 5)

    -

Answers (1)

 

A\: receives = 5 % of \: Rs. 7400 = Rs 370

balance= Rs\left ( 7400 - 370 \right )= Rs. 7030

Ratio \: of \: their\: investments = \left ( 6500\ast 6 \right ) : \left ( 8400 \ast 5 \right ) : \left ( 10000 \ast 3 \right )

                                                                    = 13 : 14 : 10

So, B's \: share = Rs. \left ( 7030\ast 14/37 \right ) = Rs. 2660

Boost your Preparation for JEE Main 2021 with Personlized Coaching
 
Exams
Articles
Questions