Question
'R' and 'S' started a business by investing Rs. 12,000 and Rs. 18,000, respectively. 'R' invested for 12 months and 'S' invested for 8 months. 'R' also works as manager in the business for which he's entitled to receive a commission of 30% out of total profit. If at the end of the year, the business earned a total profit of Rs. 30,000, then find the total amount received by 'R'.
More Partnership Questions
- A, B and C started a business with initial investments in the ratio 2:5:8, respectively. After one year A, B and C made additional investments equal to 20%...
- A and B enter into a partnership with their initial sum of Rs.30000 and Rs.48000 respectively. After 6 months, a third person C also joins them with his in...
- P, Q and R enter into a partnership by investing Rs.6500, Rs.7500 and Rs.6800 respectively. After 4 months, P invested Rs.1200 more and Q withdraw the whol...
- 'A', 'B' and 'C' started a business together such that 'A' invested a 50% of the total capital invested by 'A', 'B' and 'C' together, 'B' invested 30% of t...
- Three partners, R, S, and K, form a partnership business with capitals in the ratio of 3:5:8. After four months, R, S, and K added Rs. 3000, Rs. 4500, and ...
- ‘A’ and ‘B’ started a business by investing Rs. ‘y’ and Rs. ‘y + 300’, respectively. If 10 months later the ratio of profit shares of ‘A’ and ‘B’ was 3:4, ...
- Raj invested Rs.42000 in a business. After 4 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.58000 and profi...
- ‘X’ invested Rs. 5000 in a business. ‘Y’ joined x months later with an investment of Rs. 4000. If at the end of the year, Y’s share in the profit is Rs. 30...
- A and B started a business. A invested Rs. 40000 for the whole year. B invested Rs. 50000 for the first 6 months and then increased his investment by 50% f...
- Mr. Murthy invested Rs.16,000 in a scheme. How muck will he get on maturity, if he invested it at 20% per annum compound interest for 9 months, compounded ...
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
