Multiple choice

A and B started a business together, A invested 36,000 and B invested 60,000. A is active partner and B is sleeping partner. A received 10% of the profit for managing the business, and remaining is divided in proportion to their capitals. If A total received Rs 7000 of profit, then find the share of B in profit.

  1. Rs 10,000

  2. Rs 12,000

  3. Rs 8,000

  4. Rs 9,000

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total profit = Rs 7000 + Rs 9000 = Rs 16000. A gets 10% of 16000 = 1600 for management, leaving 14400 to divide by capital ratio 36000:60000 = 3:5. A gets (3/8) × 14400 = 5400, B gets (5/8) × 14400 = 9000. A's total = 1600 + 5400 = 7000 (matches given), B's share = 9000.