Question
A and B started a business by investing Rs. 18,000 and
Rs. 27,000 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. 960, 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 = 18000:27000 = 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 = 960 Or, 16x = 960 So, x = 60 So, required profit = 60 × 100 = Rs. 6,000
- Ravi and Suman invested Rs. 6000 and Rs. 9000 respectively in a business. Ravi kept his investment for 10 months, while Suman kept it for 8 months. If Ravi...
‘A’ and ‘B’ invested Rs. 5000 and Rs. 3200, respectively in a business, together. After 6 months, ‘A’ withdrew 35% of his initial investment...
A starts a business with Rs 12000. After 6 months B joins with Rs. 9000. After 2 years, what will be the ratio of the profit of A and B?
‘M’ started a business with an investment of Rs. 5000. After 2 months ‘N’ joins the business with an investment of Rs. 2950. If the total profit...
A invested Rs. 3.5X in a business. After four months B Joined him with Rs. X and A double his investment. If at the end of the years total profit...
A and B started a business by investing sum in the ratio 3:4 respectively for 8 and 10 months respectively. If annual profit earned by B is Rs.1200, the...
A and B started a retail store with initial investments in the ratio 9:10 and their annual profits were in the ratio 3:4. If A invested the money for 5 ...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 4,000, Rs. 4,800 and Rs. 3,200, respectively. After 6 months, ‘B’ decreased his inv...
Lalita and Meru started a business with investments in the ratio 5:8, respectively. After 4 months, Lalita increased her investment by 40%, while Meru d...
A, B and C start a business with investing the capital of Rs 1,500, 1,200 and 1,800 respectively. After 5 months, A invests additional amount of Rs. 100...
