Anil started a business with Rs. 52,000 and after 4 months B joined him with Rs. 39,000. At the end of the year, out of the total profits B received total Rs. 20,000 including 25% of the profits as commission for managing the business. What amount did A receive?
Profit's share of A and B = 52,000 x 12 x 8 = 2: 1
Let the profit be Rs. x, then B receives 25% as commission for managing business, the remaining 75% of the total profit x is shared between A and B in the ratio 2: 1. Hence B will get 1/3 rd part of this in addition to his commission. Hence his total earning