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 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.
Sarath said:
1 decade ago
For managing, A received = 5% of Rs. 7400 = Rs. 370.
Balance = Rs. (7400 - 370) = Rs. 7030.
Why we can take total profit is 7030?
= 14/37*7030
Balance = Rs. (7400 - 370) = Rs. 7030.
Why we can take total profit is 7030?
= 14/37*7030
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.
Veena said:
10 years ago
How come 7030/37 ratio is 190?
Shubham phogat said:
10 years ago
Friends easy.
5% profit from total is taken extra by a so that total profit's 5% is 7400*5/100 = 370.
And now it is subtracted from 7400 which can be disturbed in A B C equally.
7400-370 = 7030.
And a's total investment = 6500*6 (months).
B's total investment = 8400*5 (months).
C's total investment = 10000*3 (months).
A's total investment : B's total investment : C's total investment.
13:14:10. And now sum of them is 37.
Now you know that B's share is 14 times means.
14/37*7030 = 190 is answer.
5% profit from total is taken extra by a so that total profit's 5% is 7400*5/100 = 370.
And now it is subtracted from 7400 which can be disturbed in A B C equally.
7400-370 = 7030.
And a's total investment = 6500*6 (months).
B's total investment = 8400*5 (months).
C's total investment = 10000*3 (months).
A's total investment : B's total investment : C's total investment.
13:14:10. And now sum of them is 37.
Now you know that B's share is 14 times means.
14/37*7030 = 190 is answer.
(1)
Arun Pund said:
9 years ago
Total profit = 7400.
He(A) was to receive 5% of the profits.
So 7400*5/100 = 370Rs.
Remaining amt for A, B &C = 7400-370 = 7030 Rs.
Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3).
= 39000:42000:30000:
Simple method = total investment of all people = 39000+42000+30000
= 111000Rs.
Make it % wise for B(B's investment = 42000Rs).
i.e.
111000 ------ 100.
42000 -------- X(say).
Solve it will get profit of B.
X = 37.837837.
Profit of B = 7030*37.837837/100 = 2659.999.
2660 is the profit of B.
He(A) was to receive 5% of the profits.
So 7400*5/100 = 370Rs.
Remaining amt for A, B &C = 7400-370 = 7030 Rs.
Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3).
= 39000:42000:30000:
Simple method = total investment of all people = 39000+42000+30000
= 111000Rs.
Make it % wise for B(B's investment = 42000Rs).
i.e.
111000 ------ 100.
42000 -------- X(say).
Solve it will get profit of B.
X = 37.837837.
Profit of B = 7030*37.837837/100 = 2659.999.
2660 is the profit of B.
(1)
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?
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.
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