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The capital of A and B are Rs. 20,000 and Rs. 4,000 respectively. A is entitled to be paid a salary of 1,200 per annum being a working partner. If the gross profit for one year is Rs. 1,800, their shares in the profit are respectively
Rs. 500, Rs. 3100
Rs. 1200, Rs. 3600
Rs. 1700, Rs. 1300
Rs. 1700, Rs. 100
A : B Capital 20,000 : 4,000 5 : 1 A’s salary = Rs. 1,200 Remaining profit = (1800-1200) = Rs. 600 6 units = Rs. 600 1 units = Rs. 100 share of A = 100 × 5 = 500 share of B = 100 × 5 = 500 ∴ Total share of A = (1200+500) = Rs. 1700 Total share of B = Rs. 100
By: Pranav Gupta ProfileResourcesReport error
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