Akbar, Birbal and Chintu jointly thought of engaging themselves in a business venture. It was agreed that Akbar would invest Rs. 6,500 for 6 months, Birbal Rs. 8,400 for 5 months and Chintu Rs. 10,000 for 3 months. Akbar wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7,400. What is the share of Birbal in the profit.

🎲 Try a Random Question  |  Total Questions in Quiz: 50  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Partnerships Problems — practice the complete quiz, review flashcards, or try a random question.


Akbar, Birbal and Chintu jointly thought of engaging themselves in a business venture. It was agreed that Akbar would invest Rs. 6,500 for 6 months, Birbal Rs. 8,400 for 5 months and Chintu Rs. 10,000 for 3 months. Akbar wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7,400. What is the share of Birbal in the profit.