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 5 of 7.

Navin said:   1 decade ago
Thanks Pankaj

Ammulu said:   1 decade ago
Mahi please add the ratio's of a, b, and c like this.

13+14+10=37.

Shradha said:   1 decade ago
How did you get 13 : 14 : 10?

NAVANEETH said:   1 decade ago
I can't understand how we get 13:14:10 ?

BOMMIDALA KARIMULLA REDDY said:   1 decade ago
Hi guys,

A invest money =6500 ofter 6 months=>6500*6=>39000
B invest money =8400 ofter 5 months=>8400*5=>42000
C invest money =10000 ofter 3 months+>10000*3=>30000

A,B,C ratio of the money => A:B:C

step1: 39000:42000:30000

step2: 39:42:30

step3: divided by 3 => 13:14:10

step4: add the 3 ratios

13+14+10 = > 37.

Vignesh pandian said:   1 decade ago
Super explanation @Bommidala.

Prasant said:   1 decade ago
'A' receiving 5% extra profit besides its share profit.

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

Mr.Cool said:   1 decade ago
@Vidhyarthi,b@Prasant.

Yes we already subtract the 5%.
Profit is 7400.
Profit-5%of a profit=7030 .
We divided this 7030 into 3 parts based on their time.

Sam said:   1 decade ago
Bommidala Karimulla Reddy is wrong because the investment for different months but rate is remain constant it is simple formula of simple interest

Profit (simple interest)= principle*rate*time /100


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