Question
A and B started a business by investing Rs. 12,000 and
Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to receive a commission which is equal to 30% of profit. If the difference between the amount received by A and B at the end of the year is Rs. 1120, then find the profit (before commission was given to A) earned by them.Solution
Let the profit earned before commission was given to A be Rs. ‘100x’ Commission of A = 100x × 0.30x = Rs. 30x Ratio of profit shares of A to B = 12000:18000 = 2:3 Profit earned by A = (100x – 30x) × (2/5) = Rs. 28x Profit earned by B = (100x – 30x) × (3/5) = Rs. 42x According to the question 30x + 28x – 42x = 1120 Or, 16x = 1120 So, x = 70 So, required profit = 70 × 100 = Rs. 7,000
The NISAR satellite, set to be launched in March 2025, is a collaborative project between which two countries?
Hydrogen was discovered by:
Which extinct species was revived using ancient DNA sequencing and gene editing by Colossal Biosciences?
Sir CV Raman was awarded Nobel Prize for his work connected with which of the following phenomenon of radiation?
What is the range capability of India’s first long-range hypersonic missile?
Which of the following contributes to acid rain?
Which gas is responsible for the depletion of the ozone layer?
Relevant for Exams:
