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

Quantitative Aptitude ( CCS) Partnership

A, B and C jointly thought of engagaing 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 profit. If 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:

..the ratio of A,B and C
=6500*6:8400*5:10000*3
=13:14:10
A wants to be the working member for which he was to receive 5% of the profit
7400*5/100=7030
the share of B in the profit=14*7030/37=2660