A starts a business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2: 3. What is B’s contribution in the capital?
Correct Answer : D
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?
Reena and shaloo are partners in a business. Reena invests Rs. 35, 000 for 8 months and shaloo invests Rs. 42, 000 for 10 months. Out of a profit of Rs. 31, 570, Reena share is: