Partnership

Quantitative Aptitude ( CCS)

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A and B enter into partnership. A supplies whole of the capital amounting R.s 45000 with the condition that the profits are to be equally divided and that B pays A interest on half the capital at 10% per annum. But B receives Rs 120 per month for carrying on the concern. If income of B is half the income of A, what is the total yearly profit ?

Rs9240

Rs8850

Rs8520

Rs9180

Explanation:

Amount Paid to B as Salary = 120 *12 = Rs. 1440.
Interest paid by B = (22500 *10)/100 = Rs. 2250.
Let total profit be 2x+1440
Then A and B get x as share.
A’s income=x+2250
B’s income=x+1440-2250=x-810
2(x−810)=x+2250
x=3870
Then total yearly profit=2*3870+1440=Rs9180.

Hence, option 4 is the correct answer.

By: Amit Kumar

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