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 3 of 7.
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:
6 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:
6 years ago
Can you explain why we get the ratio by multiplying the amount with shared time? Please tell me.
(3)
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?
Guptha10 said:
1 decade ago
All is well Mr.Ram....
but how did u get 13 : 14 : 10...?
Make me understand.........
but how did u get 13 : 14 : 10...?
Make me understand.........
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