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 would invest Rs.8400 for 5 months and C would invest Rs.10000 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. 2000
Rs. 1990
Rs. 2600
Rs. 2660
A
Rs. 1990
B
Rs. 2000
C
Rs. 2600
D
Rs. 2660
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Solution
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For managing, A received =5% of Rs.7400=Rs.370. Balance =Rs.(7400−370)=Rs.7030. Ratio of their investments =(6500×6):(8400×5):(10000×3) =39000:42000:30000 =13:14:10 B"s share =7030×14/37=Rs.2660
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