A is a active partner and B is a inactive partner in business. A puts in Rs. 5000 and B puts in Rs. 6000. A received 15% of the profit for managing the business and the rest is divided in proportion to their capitals. The amounts received by A out of the profit of Rs. 880 in all is ?
A. Rs. 132 B. Rs. 340 C. Rs. 472 D. Rs. 492 Answer: Option CShow Answer
Solution(By Apex Team)
Total profit = Rs. 880
Since A gets 15% of total profit for management
∴ Remaining profit
$\begin{aligned}&=880-\frac{880\times15}{100}\\
&=\text{ Rs. }748\end{aligned}$
$\begin{array}{ccc}&\mathrm{A}&&\mathrm{B}\\
\text{ Amount }&5000&&6000\\
\text{ Ratio of Capital }&5&:&6\end{array}$
The remaining profit is being divided in the ratio of their capital
A’s share of profit
$\begin{aligned}&=\frac{748}{(5+6)}\times5\\
&=\text{ Rs. }340\end{aligned}$
Total profit received by A
= 340 + 132
= Rs. 472
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