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.

2660

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 \(\frac{14}{37}\) = Rs. 2660.