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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.
- a)Rs. 1900
- b)Rs. 2660
- c)Rs. 2800
- d)Rs. 2840
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A, B and C jointly thought of engaging themselves in a business ventur...
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
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
Most Upvoted Answer
A, B and C jointly thought of engaging themselves in a business ventur...
To calculate the share of B in the profit, we need to determine the ratio of investments made by A, B, and C.
Given:
A invests Rs. 6500 for 6 months
B invests Rs. 8400 for 5 months
C invests Rs. 10,000 for 3 months
Now, let's calculate the total investment made by each individual:
A's total investment = Rs. 6500 * 6 = Rs. 39,000
B's total investment = Rs. 8400 * 5 = Rs. 42,000
C's total investment = Rs. 10,000 * 3 = Rs. 30,000
Next, let's calculate the ratio of their investments:
Ratio of A's investment : Ratio of B's investment : Ratio of C's investment
= 39,000 : 42,000 : 30,000
= 13 : 14 : 10
Now, let's calculate the share of B in the profit:
Total profit = Rs. 7400
B's share in the profit = (B's investment / Total investment) * Total profit
= (14 / (13 + 14 + 10)) * 7400
= (14 / 37) * 7400
= 2660
Therefore, the share of B in the profit is Rs. 2660.
Given:
A invests Rs. 6500 for 6 months
B invests Rs. 8400 for 5 months
C invests Rs. 10,000 for 3 months
Now, let's calculate the total investment made by each individual:
A's total investment = Rs. 6500 * 6 = Rs. 39,000
B's total investment = Rs. 8400 * 5 = Rs. 42,000
C's total investment = Rs. 10,000 * 3 = Rs. 30,000
Next, let's calculate the ratio of their investments:
Ratio of A's investment : Ratio of B's investment : Ratio of C's investment
= 39,000 : 42,000 : 30,000
= 13 : 14 : 10
Now, let's calculate the share of B in the profit:
Total profit = Rs. 7400
B's share in the profit = (B's investment / Total investment) * Total profit
= (14 / (13 + 14 + 10)) * 7400
= (14 / 37) * 7400
= 2660
Therefore, the share of B in the profit is Rs. 2660.
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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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer?
Question Description
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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer?.
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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer?.
Solutions for 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
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Here you can find the meaning of 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer?, a detailed solution for 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice 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.a)Rs. 1900b)Rs. 2660c)Rs. 2800d)Rs. 2840Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Quant tests.
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