A and B enter into partnership A supplies whole of the capital amounting to Rs 45000 with the condit...........

Quantitative Aptitude ( CCS) Partnership

A and B enter into partnership. A supplies whole of the capital amounting to Rs. 45000 with the condition that the profits are to be equally divided and that B pays A interest on half of the capital at 10% per annum, but receives, Rs 120 per month for car. Find yearly income when B's income is one half of A's income.

Rs. 9180

Rs. 7150

Rs. 3060

Rs. 1440

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Explanation:

Let the total profit be Rs. X.
Amount Paid to B as Salary = 120 *12 = Rs. 1440.
Share of each one = (X - 1440)/2
Interest paid by B to A = (22500 *10)/100 = Rs. 2250.
Total Money A got ={ (X - 1440)/2} + 2250 = Rs. (X + 3060)/2.
B received = (X - 1440)/2 + 1440 - 2250 = (X - 3060)/2
Since income of B is half of the A, thus
1/2 * (X + 3060)/2 = (X - 3060)/2
Or, X + 3060 = 2X - 6120
Or, X = 9180.
Yearly Income was Rs. 9180.
Hence, option 1 is the correct answer.