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.
Rs. 1900
Rs. 2660
Rs. 2800
Rs. 2840
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 3 of 7.

Zaman said:   1 decade ago
Here, it is specifically given that "A" will receive only 5% of the profit. So, you distributed/allocated more money for "A" again.

It should be like.

Ratio of the investments of B & C= (8400 x 5) : (10000 x 3).

= 42000 : 30000.

= 7:5.

So, Share of B = Rs. (7030 X 7/12) = 2929.

Does the question says that 'A' will receive extra 5%?

Nidhi said:   1 decade ago
Where it is told, they invest every month?

Pavan said:   1 decade ago
7030 is only for B and C, why they still considering A's investment in the total ratio?

Abhi said:   1 decade ago
Why its 7030x14/37 Why not 7400x14/37 ?

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.

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.

Archit said:   1 decade ago
If we subtract the share of A then we count the A in invest we when we count the profit. B profit is 14/24*7030.

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/-.

Vikram said:   1 decade ago
Could someone please explain the solution logically is their any easy way to solve these type of sums?
(1)

Poornima Patil said:   1 decade ago
How you take 37 Sir, please justify?


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