Multiple choice

A is working and B is a sleeping partner in a business. A invests Rs. 12,000 and B invests Rs. 20,000. A receives 10% of the profits for managing, the rest being divided in proportion to their capitals. Out of a total profit of Rs. 9600, the money received by A is

  1. Rs. 3240

  2. Rs. 3600

  3. Rs. 4200

  4. Rs. 4500

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A gets 10% of 9600 = 960. The remaining 8640 is divided by capital ratio 12000:20000 = 3:5. A's share of the remainder is 3/8 * 8640 = 3240. Total for A = 960 + 3240 = 4200.

AI explanation

A receives 10 percent of the 9600 profit for managing, which is 960, leaving a remaining profit of 8640. This remaining profit is divided in the 12000 to 20000 ratio, or 3 to 5. A receives three-eighths of 8640, which is 3240, so his total receipt is 960 plus 3240, equaling 4200.

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