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
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7030 x | 14 | ![]() |
= Rs. 2660. |
37 |
Discussion:
61 comments Page 4 of 7.
Laxman swamy said:
1 decade ago
Yes we should again include A for total part (37) since 'A' received 5% profit as working member only.
5% profit = (5/100)*7400 = 370.
Remaining profit would be 7400-370 = 7030.
Again 'A' would receive profit share.
= 6500*6/8400*5/10000*10.
= 13/14/10.
Total part = 37.
So 'B' share is (14/37)*7030 = 2660.
5% profit = (5/100)*7400 = 370.
Remaining profit would be 7400-370 = 7030.
Again 'A' would receive profit share.
= 6500*6/8400*5/10000*10.
= 13/14/10.
Total part = 37.
So 'B' share is (14/37)*7030 = 2660.
Poornima Patil said:
1 decade ago
How you take 37 Sir, please justify?
Vikram said:
1 decade ago
Could someone please explain the solution logically is their any easy way to solve these type of sums?
(1)
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/-.
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.
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.
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.
Abhi said:
1 decade ago
Why its 7030x14/37 Why not 7400x14/37 ?
Pavan said:
1 decade ago
7030 is only for B and C, why they still considering A's investment in the total ratio?
Nidhi said:
1 decade ago
Where it is told, they invest every month?
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