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.

Masterniji said:   1 decade ago
5/100*7400 = 370.

6500*6:8400*5:10000*10 = 13:14:10.

Total profit of B+C == 7030.

B 'share (14/37)*7030 = 2660.

Naveen Kumar said:   9 years ago
Why are we not writing it as 6500*6/12 since he is invested only for 3 months?

Abi said:   9 years ago
@Bommidala Karimulla Reddy.

Why are we dividing it by 3?

Sings said:   9 years ago
It is very long. Is there any short way to solve it.

Saranya said:   9 years ago
Your explanation is good @Ram.

Srikanth said:   9 years ago
Why (5/100) * 7400? Why not (105/100) * 7400? This percentage conversion is quite confusing.

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.

Sanjay said:   9 years ago
How to calculate ratios?

Keziya said:   9 years ago
'A' has working partner, but why you are choosing 7400 is considered as total profit?

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.


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