Question
'P' and 'Q' started a business by investing Rs. 6,000 and Rs. 9,000, respectively. 'P' also works as manager in the business for which he's entitled to receive a commission of 20% out of total profit. If at the end of the year, the business earned a total profit of Rs. 10,000, then find the total amount received by 'P'.
More Partnership Questions
- In a firm, P, Q, and R invested Rs. 1500, Rs. 1800 and Rs. 2100 respectively. After 6 months, P withdrew Rs. 300, Q withdrew Rs. 800 and R withdrew Rs. 600...
- A and B entered into a partnership by investing Rs.(x+250) and Rs.(x+550) respectively. After 8 months, A increased his investment by Rs.300 and B left the...
- A and B entered into a business investing Rs. (x + 60) and Rs. (x – 55) respectively. After one year they invested Rs. 120 more and Rs. 150 more respective...
- A and B together started a business by investing their capital in the ratio of 10:11, respectively and total amount invested by them together is Rs. 2520. ...
- X started a business with Rs.12000. After 6 months, Y joined with x% of X’s capital. At the end of the year, Y’s share in the Rs.36000 total profit was Rs....
- X, Y, Z enter into partnership with capital contribution Rs. 50000, 20000 and 30000 respectively X is working partner of get 20% of profit for managing the...
- Two individuals, 'P' and 'Q', started a business with initial investments of Rs. 5400 and Rs. 6200, respectively. After six months, 'P' increased his inves...
- A, B and C hired a taxi for Rs. 760 and used it for 4, 5, 10 hours respectively. Hiring charges paid by B are:
- Humpty opened a workshop investing Rs.80,000. He invested additional amount of Rs.10,000 every year. After two years his friend Bunty joined him with an am...
- A, B and C started a online education website by investing Rs.28,000, Rs.36,000 and Rs.40,000 respectively. Find the share of A’s, out of an annual profit ...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt