IBM Company Numerical Ability Ratio and Proportion

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. Rs. 1900 B. Rs. 2660
C. Rs. 2800 D. Rs. 2840

Read Solution (Total 2)

OPTION B

A:B:C=(6500*6):(8400*5):(10000*3)
=13:14:10
TOTAL PROFIT=7400
A already receives 5%of7400 as working member.
so, profit remaining =7400-5%of7400=7030

thus, 13x+14x+10x=7030
or, x=190

so, B's share= 190*14=2660
12 years agoHelpfull: Yes(7) No(2)

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

Balance = Rs. (7400 - 370) = Rs. 7030.

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

= 39000 : 42000 : 30000

= 13 : 14 : 10

B's share = Rs. 7030 x 14 = Rs. 2660.
37
8 years agoHelpfull: Yes(2) No(0)

IBM Other Question

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:

A. Rs. 1425 B. Rs. 1500
C. Rs. 1537.50 D. Rs. 1576 A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:

A. Rs. 2100 B. Rs. 2400
C. Rs. 3600 D. Rs. 4000