A B and C jointly thought of engaging themselves in a business venture It was agreed that A would in...........

Quantitative Aptitude (Pb Patwari) Partnership

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

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Explanation:

Total money invested by A,B,C respectively : 6500*6 : 8400*5 : 10000*3 = 39000 : 42000 : 30000.
The split of the profit will done in the ratio of money invested.
Thus, the ratio = 13:14:10.
Also, the total profit to be split is the amount after giving 5% to A--> 7400*0.95.
B's share : 1437∗7400∗0.951437∗7400∗0.95 = 14*0.95*200 = 2660.

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