Aptitude - Partnership - Discussion
Discussion Forum : Partnership - General Questions (Q.No. 2)
2.
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: Option
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 |
Discussion:
61 comments Page 2 of 7.
RAJAj said:
9 years ago
By combining all investments from A B C; total investment is 24900; profit:7400; A is working partner so he takes additional profit 5% in total profit. By minusing, 7400-370 = 7030, A's profit is2470, B's profit is 2660,C's profit is 1900, so A takes 2470+370 = 2840.
Dhivya R said:
1 decade ago
Total profit = 7400.
A receive 5% profit for working member.
5% of 7400 = Rs. 370.
So now profit is = Rs. 7030/-.
A B C.
6500*6 8400*5 10000*3.
13 14 10.
Ratio of profit = 7030/37 = 190.
We want B's profit = 14*190 = Rs. 2660/-.
A receive 5% profit for working member.
5% of 7400 = Rs. 370.
So now profit is = Rs. 7030/-.
A B C.
6500*6 8400*5 10000*3.
13 14 10.
Ratio of profit = 7030/37 = 190.
We want B's profit = 14*190 = Rs. 2660/-.
Siri said:
1 decade ago
@Abhi.
Not take the 7400*14/37.
Because the a has, A wants to be the working member for which, he was to receive 5% of the profits.
So A receives the 5% of the profit so 370Rs/ so 7400-370 = 7030 so didn't take the 7400 Rs.
Not take the 7400*14/37.
Because the a has, A wants to be the working member for which, he was to receive 5% of the profits.
So A receives the 5% of the profit so 370Rs/ so 7400-370 = 7030 so didn't take the 7400 Rs.
Sam said:
1 decade ago
Bommidala Karimulla Reddy is wrong because the investment for different months but rate is remain constant it is simple formula of simple interest
Profit (simple interest)= principle*rate*time /100
Profit (simple interest)= principle*rate*time /100
Dushyant said:
1 decade ago
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?
Money is not invested every month but it is invested once.
Then why it is multiplied with 6, 5 and 3?
(1)
Mr.Cool said:
1 decade ago
@Vidhyarthi,b@Prasant.
Yes we already subtract the 5%.
Profit is 7400.
Profit-5%of a profit=7030 .
We divided this 7030 into 3 parts based on their time.
Yes we already subtract the 5%.
Profit is 7400.
Profit-5%of a profit=7030 .
We divided this 7030 into 3 parts based on their time.
Dev said:
9 years ago
Why because of a receive 5% from the total profit rs 7400. That's why we have to find how much rs he get from the profit.
That's why,
(5/100) * 7400.
That's why,
(5/100) * 7400.
Sashi said:
1 decade ago
Working of A 'invest' and 'managing' but B, C only invest money.
So A take extra money for managing.
Due to this reason 7030*14/37. Not 7400*14/37.
So A take extra money for managing.
Due to this reason 7030*14/37. Not 7400*14/37.
Sarath said:
1 decade ago
For managing, A received = 5% of Rs. 7400 = Rs. 370.
Balance = Rs. (7400 - 370) = Rs. 7030.
Why we can take total profit is 7030?
= 14/37*7030
Balance = Rs. (7400 - 370) = Rs. 7030.
Why we can take total profit is 7030?
= 14/37*7030
KKK said:
1 year ago
Why do we need to subtract A's shares and then get B's shares?, doesn't it mean we are increasing B's shares?
Anyone, Please explain to me.
Anyone, Please explain to me.
(2)
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