A and B started a business and out of a total profit of Rs.9000, B takes Rs.500 as a bonus and the remaining profit distributed between them according to their investment. If B invested \(\frac{1}{7}\) more than A. Then find the share of B out of the total profit.
Answer & explanation
Correct answer: option 3
Total profit = 9000
Extra taken by B = 500
Remaining profit = 9000 - 500 = 8500
*If time is same then investment ratio becomes profit ratio*
A : B
Profit: 7 : 8 = 15R
⇒ 15R = 9000
⇒ 1R = 600
B's Profit = 8R = 8 × 600 = 4800
B' s total profit = 4800 + 500 = 5300