38.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
[C] Rs. 2800
[B] Rs. 2660
[D] Rs. 2840
Answer : [B]
Explanation :
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For
managing, A receives = 5% of Rs. 7400 = Rs. 370.
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Balance
= Rs. (7400 – 370) = Rs. 7030.
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Ratio
of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)
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=
39000 : 42000 : 30000 = 13 : 14 : 10
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B's
share = Rs.
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7030
x
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=
Rs. 2660.
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