A working partner gets 20% as his commission of the profit after his commission is paid. If the working partner’s commission is Rs. 8000, then what is the total profit in the business ?
A. Rs. 47000 B. Rs. 45000 C. Rs. 48000 D. None of these Answer: Option CShow Answer
Solution(By Apex Team)
Let the total profit = Rs. k
According to the question,
Remaining profit after paying 20% working
Partner’s commission = (k – 8000)
$\begin{aligned}&\therefore(k-8000)\times\frac{20}{100}=8000\\
&\Leftrightarrow k=48000\\
&\therefore\text{ Total profit }=\text{ Rs. }48000\end{aligned}$
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