Question

A,B,C jointly though of engading themselves in a business venture .It was agreed that A would invest 6500 for 6 months B 8400 for 5 months and c 9000 for 5 months .A wants to be the working member for which he was to receive 10%of the profit .The profit earned was 7400 .Calculate the share of B in the profit?

Answer 1

Answer:

2660

Step-by-step 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. 7030×1437=Rs. 2660