Question
Partners A, B, and C invest Rs 10,000, Rs 15,000, and Rs
20,000 in a business. At the end of the year, the business generates a profit of Rs 45,000. A is given 8% of the total profit for managing the business, and the remaining profit is distributed according to their investments. What is the total amount received by C?Solution
Total profit = Rs 45,000 Amount A takes for managing = 8% of 45,000 = 3,600 Remaining profit = 45,000 - 3,600 = 41,400 Capital ratio of A:B:C = 10,000:15,000:20,000 = 2:3:4 C’s share of the remaining profit = (4/9) × 41,400 = 18,400
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