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Question

In a business, B is a sleeping partner and A is a working partner. A invests Rs 5000 and B invests 6000. A receives 1212% of the profit for managing the business and the remaining amount is divided in proportion to their capitals. A's share of the profit for a profit of Rs 880 is?

A
Rs 350
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B
Rs 400
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C
Rs 420
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D
Rs 460
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E
None of the above
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Solution

The correct option is D Rs 460
A's share for managing the business
=1212% of Rs 880=Rs 110
Remaining profit = Rs 770
Profit ratio of A and B = 5:6
A's share =511of Rs 770=Rs350
A's total profit = Rs 350+Rs 110 = Rs 460

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