Question
A, B, and C jointly established a business, contributing
initial investments in the ratio of 7:5:13. One year into the venture, they each decided to increase their stakes by adding Rs. 1,520, Rs. 960, and Rs. 2,320, respectively. After operating for two years, their venture generated a total profit of Rs. 6,780. Calculate B's portion of the profit.Solution
Let the initial investments of A, B and C be Rs. 7x, Rs. 5x and Rs. 13x, respectively. So, the ratio of profit share of A: B: C = (7x + 7x + 1520): (5x + 5x + 960): (13x + 13x + 2320) = (14x + 1520): (10x + 960): (26x + 2320) So, the profit share of B = {(10x + 960)/ (50x + 4800)} × 6780 = (1/5) × 6780 = Rs. 1,356Â
How often do you feel confident in your abilities and decisions?
How do you approach risk-taking in your life?
How do you typically respond to failure?
How do you prefer to receive feedback?
How likely are you to take on leadership roles or responsibilities in a group or organization?
How do you typically react to unexpected situations?
How do you prefer to communicate with others?
Do you like to be intellectual or innovative?
ÂWhen presented with a challenging problem, how do you typically approach it?
How often do you feel content with your current life and circumstances?
Relevant for Exams:
