Question
'A' and 'B' invested in a business together. 'A', being
the working partner, received Rs. 4,500 as commission. He then took 60% of the remaining profit, while 'B' received the rest. If 'B' received Rs. 8,000 less than 'A' (excluding commission), determine the total profit.Solution
Let the total profit received by βAβ and βBβ be Rs. xAccording to the question,0.4(x β 4500) + 8000 = 0.6(x β 4500)Or, 0.2(x β 4500) = 8000Or, x β 4500 = 8000/0.2Or, x = 40000 + 4500 = 44500Therefore, total profit received = Rs. 44500
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