A and B invest in a business in the ratio 3: 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:
Correct Answer : B
A and B started a business in partnership investing Rs. 20, 000 and Rs. 15, 000 respectively, After six months, C joined them with Rs. 20, 000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting business?
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.