CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

A and B enter into a partnership. A supplies all of the capital amounting to Rs 45000 with the condition that the profits are to be equally distributed and that B pays A interest on half of the capital at 10% per annum, but receives Rs 120 per month for ensuring proper operation. When B's income is 12 of A's income, their total yearly profit is?
  1. Rs 9180
  2. Rs 7150
  3. Rs 3060
  4. Rs 1440
  5. None of these


Solution

The correct option is A Rs 9180
Let the total profit be Rs x
Salary given to B = Rs 1440
Net profit = x - 1440
Share of A and B each =x14402
Interest given by B to A =10100×22500=Rs2250
x14402+14402250x14402+2250=12Or,x3060x+3060=12x=Rs 9180

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
QuestionImage
QuestionImage
View More...


People also searched for
QuestionImage
QuestionImage
View More...



footer-image