Question 35

A, B and C start a business each investing Rs 20000. After 5 months A withdrew Rs 5000, B Rs 4000 and C invested Rs 6000 more. At the end of the year a total profit of Rs 69900 was recorded. What is the share of B?

Solution

The profit fraction will be divided based on the amount spent and the investment time

For A, the investment = (20,000*5) +(15,000*7) = 205,000

For B, the investment = (20,000*5) + ( 16,000*7) = 212,000

For C, the investment = (20,000*5) + ( 26,000*7) = 282,000

Profit share of B = $$\frac{212000}{205000+212000+282000}$$ = $$\frac{212}{699}$$

Share of B = $$69900\times\ \frac{212}{699}$$ = 21200

Share on Whatsapp Share on Whatsapp

Create a FREE account and get:

SNAP Quant Questions | SNAP Quantitative Ability

SNAP Logical Reasoning Questions SNAP Data Interpretation Questions

SNAP Syllabus

SNAP Admit Card

SNAP Cutoffs

SNAP Eligibility Criteria

SNAP Exam Dates

SNAP Colleges List

SNAP Study Material

SNAP Registration

SNAP Result

SNAP Previous Year Papers

SNAP Crash Course

SNAP Mock Tests