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 3 of 7.
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)
Ram jaat said:
4 years ago
@Janu.
A is earning 5% extra than others so we have to subtract it then it will be shared among three according to their period of invest.
A is earning 5% extra than others so we have to subtract it then it will be shared among three according to their period of invest.
(5)
Saumya bhatt said:
4 years ago
But when profit sharing ratio is not given we take it as 1:1:1 not the investing ratio. It is written in partnership deed.
(4)
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.
6500*6:8400*5:10000*10 = 13:14:10.
Total profit of B+C == 7030.
B 'share (14/37)*7030 = 2660.
Vinoth said:
7 years ago
If we subtract a profit from total profit 7400-370=7030. Which means this 7030 is the share of remaining b and c.
(2)
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.
Vikram said:
1 decade ago
Could someone please explain the solution logically is their any easy way to solve these type of sums?
(1)
Janu said:
7 years ago
Can you explain why we get the ratio by multiplying the amount with shared time? Please tell me.
(4)
Srikanth said:
9 years ago
Why (5/100) * 7400? Why not (105/100) * 7400? This percentage conversion is quite confusing.
Pavan said:
1 decade ago
7030 is only for B and C, why they still considering A's investment in the total ratio?
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