Discussion
A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 600 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of B in the total profits?
Answer: B
C’s monthly salary Rs 600.
Then annual salary =600*6=3600 (Because he work for 6 month only)
Rs 3600 is 10% of total profit.
Then total profit is Rs 36000.
Ratio of their shares 4*12 : 3*12 : 6*6 = 4:3:3
Profit left after reducing salary of C = 36,000 - 3,600 = 32,400
B’s share 3/10*32400 = Rs 9720.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development