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.

Answer 1

their investment ratio is 6500*6:8400*5:10000*3=39:42:30=13:14:10
now A receive 5% of profits
so A gets 7400*5/100= 370
now B gets (7400-370)*14/37=7030*14/37=2660 rs

Answer 2

Answer:

A, b and c together thought of attractive themselves in a business project. it became agreed that a would invest rs. 6500 for 6 months, b, rs. 8400 for 5 months and c, rs. 10,000 for three months. a desires to be the working member for which, he became to get hold of 5% of the profits. the earnings earned turned into rs. 7400.The calculation of the proportion of b in the income is given by;

For managing, A received 5% of Rs. 7400 which is Rs. 370.

Balance = Rs. (7400 - 370) = Rs. 7030.

Ratio of their investments = (6500*6) : (8400*5) : (10000*3)

Ratio of their investments = 39000 : 42000 : 30000 = 13 : 14 : 10

Share of B= Rs.(7030* 14/37)= Rs. 2660

So its concluded that B's profit will be Rs. 2660