Aptitude - Partnership - Discussion

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"We cannot solve our problems with the same thinking we used when we created them."

- Albert Einstein

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.

[A].	Rs. 1900	[B].	Rs. 2660
[C].	Rs. 2800	[D].	Rs. 2840

Answer: Option A

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

Sushanth said: (Thu, Jul 22, 2010 09:56:32 AM)

Just need to know the concept.

Sudharsan said: (Fri, Aug 13, 2010 06:18:02 AM)

I need more details in these kind of sums.

Babu said: (Wed, Sep 22, 2010 11:32:50 AM)

Still I din't understand clearly.

Ram said: (Mon, Feb 14, 2011 01:33:26 PM)

Total profit is 7400 a get 5% so (5/100)*7400 =370 so a got 370 in toal balene we substrct the a's profit 7400-370=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

Mahi said: (Tue, Feb 22, 2011 12:06:08 AM)

Still I din't understand clearly.

Guptha10 said: (Sat, Apr 9, 2011 05:44:13 AM)

All is well Mr.Ram.... but how did u get 13 : 14 : 10...? Make me understand.........

Mani said: (Sat, Apr 9, 2011 06:50:15 AM)

What is that 37 in the last step?

Pankaj said: (Tue, May 3, 2011 08:34:35 AM)

@ guptha 13x3=39 14x3= 42 10x3=30 multiply the ratio with 3

Navin said: (Sat, Jul 16, 2011 08:18:34 AM)

Thanks Pankaj

Ammulu said: (Tue, Aug 9, 2011 05:15:21 PM)

Mahi please add the ratio's of a, b, and c like this. 13+14+10=37.

Dushyant said: (Wed, Nov 2, 2011 03:21:37 PM)

Why 6500 is multiplied by 6 and als 8400 with 5 and 10000 with 3 ? Money is not invested every month but it is invested once. Then why it is multiplied with 6, 5 and 3?

Shradha said: (Thu, Dec 15, 2011 04:23:31 AM)

How did you get 13 : 14 : 10?

Navaneeth said: (Sat, Jan 28, 2012 01:45:22 PM)

I can't understand how we get 13:14:10 ?

Bommidala Karimulla Reddy said: (Sat, Feb 4, 2012 12:55:13 PM)

Hi guys, A invest money =6500 ofter 6 months=>65006=>39000 B invest money =8400 ofter 5 months=>84005=>42000 C invest money =10000 ofter 3 months+>10000*3=>30000 A,B,C ratio of the money => A:B:C step1: 39000:42000:30000 step2: 39:42:30 step3: divided by 3 => 13:14:10 step4: add the 3 ratios 13+14+10 = > 37.

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Aptitude - Partnership - Discussion

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