A, B and C jointly engaged in a business venture.
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A, B and C jointly engaged in a business venture. A invested Rs. 6,500 for 6 months, B invested Rs. 8,400 for 5 months, and C invested Rs. 10,000 for 3 months. A wants to be the working member for which he was to receive 5% of the total profit. If the total profit earned was Rs. 7,400, what is the share of B in the profit?
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Answer: A. Rs. 2,660
Accurate technical and quantitative evaluation based on foundational principles.
Step-by-step Derivation:
Step 1: Formulate problem conditions.
Step 2: Apply logical deduction.
Step 3: Conclude correct option.