Question Set

1. 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.





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: guest on 01 Jun 2017 05.47 pm
    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
Show Similar Question And Answers
QA->A sum of Rs. 550 is divided among A,B and C such that of A’s share of B’s share and of C’s share may be all equal. Fiind the share of C?....
QA->. Nasar invested Rs. 3,000 and Narayanan invested Rs. 4,000 to set up a partnership. In one year they got Rs.2,000 profit. If they split this in the ratio of their investment., how much would Nasar got?....
QA->Nasar invested Rs. 3,000 and Narayanan invested Rs. 4,000 to set up a partnership. In one year they got Rs.2,000 profit. If they split this in the ratio of their investment, how much would Nasar got?....
QA->Ram started a business with a capital of Rs. 18, Four months later Lakshman joined with him with a capital of Rs. 24, At the end of the year total proflt earned was Rs. 5, Lakshman‘s shares in the profit is....
QA->The BCCI after years of opposition has finally agreed to come under the ambit of the _________ and agreed to adhere to it’s anti-doping policy.....
MCQ->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.....
MCQ->What is R's share of profit in a joit venture? I.  Q started business investing Rs. 80,000. II.  R joined him after 3 months.  III.  P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.....
MCQ->A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?....
MCQ->Closing capitals of A,B and C were Rs.50,000,Rs.45,000 and Rs.30,000 respectively.Their drawings during the year were Rs.10,000,Rs.5,000 and Rs.12,000 respectively.Amount of net profit earned during the year was Rs.18,000 which was distributed in the ratio of 3:2:1 Opening capital of C will be:....
MCQ->Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit? I.  Total amount invested in the business in Rs. 22,000. II.  Profit earned at the end of 3 years is of the total investment.  III.  The average amount of profit earned per year is Rs. 2750.....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution