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 C
Solution(By Examveda Team)
Total profit = Rs. 880Since A gets 15% of total profit for management
∴ Remaining profit
$$\eqalign{ & = 880 - \frac{{880 \times 15}}{{100}} \cr & = {\text{Rs}}.\,748 \cr} $$
A | B | ||
Amount | 5000 | 6000 | |
Ratio of Capital | 5 | : | 6 |
The remaining profit is being divided in the ratio of their capital
A's share of profit
$$\eqalign{ & = \frac{{748}}{{\left( {5 + 6} \right)}} \times 5 \cr & = {\text{Rs}}.\,340 \cr} $$
Total profit received by A
= 340 + 132
= Rs. 472
Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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