Question

    Rahul and Karan are partners in a business. Rahul

    (working) puts in Rs. 8000 and Karan (sleeping) puts in Rs. 12000. Rahul receives 25% of the profit for managing the business, and the rest is divided in proportion to their capitals. What amount does Rahul receive out of the total profit of Rs. 1600?.
    A 740 Correct Answer Incorrect Answer
    B 880 Correct Answer Incorrect Answer
    C 680 Correct Answer Incorrect Answer
    D 570 Correct Answer Incorrect Answer

    Solution

    Investment Ratio Rahul and Karan = 8000: 12000 = 2:3. Total Profit= Rs. 1600. Rahul's Management Share = 1600 × 25% = 400 Rs. Remaining Profit= 1600-400 = 1200 Rs. Proportional Distribution Ratio = 2: 3. Total Ratio Units= 2 + 3 = 5. Rahul's Share of Remaining Profit= 1200 ×2/5= 480 Rs. Total Amount Received by Rahul= 400+ 480 =880 Rs

    Practice Next

    Relevant for Exams: