Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If Manick invested Rs. 20, 000 for 6 months, whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq?
Correct Answer : B
A and B started a business with initial investments in the ratio 14: 15 and their annual profits were in the ratio 7: 6. If the A invested the money for 10 months, for how many months did B invest his money?
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 began a business with Rs. 85, 000. He was joined afterwards by B with Rs. 42, 500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3: 1?