Anu is a working partner and Bimla is a sleeping partner in a business. Anu puts Rs. 5000 and Bimla putes in Rs. 6000. Anu receives 12.5% of the profit for managing the business and the rest is divided in proportion to their capitals. What does each get put of a profit of Rs. 880 ?
A. Rs. 400, Rs. 480
B. Rs. 450, Rs. 430
C. Rs. 460, Rs. 420
D. Rs. 470, Rs. 410
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & = {\text{Anu}}:{\text{Bimla}} \cr & = 5000:6000 \cr & = 5:6{\text{ }} \cr} $$Anu's share for managing business
$$\eqalign{ & = 12.5\% {\text{ of Rs}}{\text{.}}\,880 \cr & = {\text{Rs}}{\text{.}}\,110 \cr & {\text{Net profit}} \cr & = {\text{Rs}}{\text{.}}\left( {880 - 110} \right) \cr & = {\text{Rs}}{\text{.}}\,{\text{770}} \cr & {\text{Anu's share}} \cr & = {\text{Rs}}{\text{.}}\left( {770 \times \frac{5}{{11}}} \right) \cr & = {\text{Rs}}{\text{.}}\,{\text{350}} \cr & {\text{Anu's total share}} \cr & = {\text{Rs}}{\text{.}}\left( {110 + 350} \right) \cr & = {\text{Rs}}{\text{.}}\,{\text{460}} \cr & {\text{Bimla's share}} \cr & = {\text{Rs}}{\text{.}}\left( {770 \times \frac{6}{{11}}} \right) \cr & = {\text{Rs}}{\text{.}}\,{\text{420}} \cr} $$
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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