Examveda
Examveda

Two partners invest Rs. 125000 and Rs. 85000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets Rs. 300 more than the other. Find the total profit made in the business ?

A. Rs. 3739.50

B. Rs. 3937.50

C. Rs. 3749.50

D. Rs. 3947.50

Answer: Option B

Solution(By Examveda Team)

  1st Partner   2nd Partner
Capital →   125000   :   85000
  25   :   17
    8  

According to the question,
Note: 60% of profit should be divided equally between them
$$\eqalign{ & {\text{8 units}} = {\text{Rs}}{\text{.}}\,{\text{300}} \cr & {\text{1 unit}} = {\text{Rs}}{\text{.}}\,\frac{{{\text{300}}}}{8} \cr & {\text{42 units}} = {\text{Rs}}{\text{.}}\,\frac{{300 \times 42}}{8} \cr & 40\% {\text{ of profit}} \cr & = {\text{Rs}}{\text{.}}\,\frac{{300 \times 42}}{8} \cr & 100\% {\text{ profit}} \cr & = {\text{Rs}}.\,\frac{{300 \times 42 \times 100}}{{8 \times 40}} \cr & = {\text{Rs}}{\text{.}}\,{\text{3937}}{\text{.50}} \cr} $$

This Question Belongs to Arithmetic Ability >> Partnership

Join The Discussion

Comments ( 1 )

  1. Yeshi Dorjee
    Yeshi Dorjee :
    4 years ago

    please explain how 8 units came?

Related Questions on Partnership