Correct Answer - Option 2 : Rs. 2660
Given:
A invested Rs. 6500 for 6 months
B invested Rs. 8400 for 5 months
C invested Rs. 10000 for 3 months
A is a working member he receives 5% of the Rs. 7400
Formula used:
Profit ratio = Investment × time
Calculation:
Profit will be equally distributed after 5% of the profit received by A
⇒ 95% of Rs. 7400
⇒ (95/100) × 7400 = Rs. 7030
Rs. 7030 will be equally distributed among A, B and C
Profit ratio of A, B and C
⇒ A : B : C = 6500 × 6 : 8400 × 5 : 10000 × 3
⇒ A : B : C = 13 : 14 : 10
⇒ 13x + 14x + 10x = 7030
⇒ 37x = 7030
⇒ x = Rs. 190
B's share of profit is
⇒ 14 × 190 = Rs. 2660
∴ B's share of profit is Rs. 2660