Question

Atal, Bihari and Vajpayee lost their jobs and consequently planned to start a joint venture to supply half trouser to SRSS Karyalay. It was agreed that Atal would
Invest Rs. 13,000 for 6 months, Bihari, Rs. 15,800 for 5 months and Vajpayee, Rs. 20,000 for 3 months. Atal wants to be the working member for which, he was
to receive 10% of the profits. The profit earned was Rs. 27,000. Calculate the share of Bihari in the profit.
a)Rs. 11.700
b)Rs. 9.195
c) Rs. 2.700
d) None of the above

Answer 1

Step-by-step explanation:

Atal, Bihari and Vajpayee lost their jobs and consequently planned to start a joint venture to supply half trouser to SRSS Karyalay. It was agreed that Atal would

Invest Rs. 13,000 for 6 months, Bihari, Rs. 15,800 for 5 months and Vajpayee, Rs. 20,000 for 3 months. Atal wants to be the working member for which, he was

to receive 10% of the profits. The profit earned was Rs. 27,000. Calculate the share of Bihari in the profit.

a)Rs. 11.700

b)Rs. 9.195

c) Rs. 2.700✔✔

d) None of the above