A and B started a business in partnership by investing Rs 10 000 and Rs 4000 respectively Condition ...........

Quantitative Aptitude ( CCS) Partnership

A and B started a business in partnership by investing Rs. 10,000 and Rs. 4000 respectively. Condition of partnership is that B got Rs. 100 per month for management of the business. After paying 5% interest on the capital, annual profit has distributed in the ratio of their investment. Find share of their profit, if the profit is Rs. 4000.

Rs. 3000 each

Rs. 2500 each

Rs. 1500 each

Rs. 2100 each

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Explanation:

B’s profit share in 1 year = 12 × 100 = Rs. 1200
Interest of A = 10,000 × 5 × 1/100 = Rs. 500
Interest of B = 4000 × 5 × 1/100 = Rs. 200
Total profit of A and B = (1200 + 500 + 200) = Rs. 1900
Remaining profit = (4000 - 1900) = 2100
Note: Remaining profit will be divided in the ratio of their profit.
According to the question
A : B
Capital 10000 : 4000
5 : 2
Share of A in remaining profit = 2100/(5+2) × 5 = Rs. 1500
Share of B in remaining profit = m 2100/(5+2) × 2 =Rs. 600
Total profit of A = 500 + 1500 = Rs. 2000
Total profit of B =1200+600+200 = Rs. 2100