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Question

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.
  1. Rs. 2000
  2. Rs. 1990
  3. Rs. 2600
  4. Rs. 2660

A
Rs. 1990
B
Rs. 2000
C
Rs. 2600
D
Rs. 2660
Solution
Verified by Toppr

For managing, A received =5% of Rs.7400=Rs.370.
Balance =Rs.(7400370)=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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