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 7 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.
Sushanth said:
2 decades ago
Just need to know the concept.
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