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:
62 comments Page 2 of 7.
Ram said:
1 decade ago
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
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
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
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