1.  A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest ₹ 6500 for 6 months, B, ₹ 8400 for 5 months and C, ₹ 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 ₹ 7400. Calculate the share of B in the profit.
A. ₹ 1900
B. ₹ 2660
C. ₹ 2800
D. ₹ 2840

Answer: Option B

Explanation:

For managing, A received = 5% of ₹ 7400 = ₹ 370.

Balance = ₹ (7400 - 370) = ₹ 7030.

Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)

   = 39000 : 42000 : 30000

   = 13 : 14 : 10

B's share = ₹ 7030 x 14 = ₹ 2660.
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