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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?

  • A.Rs 8500 
  • B.Rs 9720 
  • C.Rs 9650
  • D.Rs 10100
  • E.None

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.

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