Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 21567

Q.  A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At the end of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary and profit, then what is his salary?
- Published on 06 May 16

a. Rs. 2000
b. Rs. 4000
c. Rs. 3500
d. Rs. 3000

ANSWER: Rs. 4000
 
A's capital : B 's capital
20000 : 40000 = 1 : 2
Since, the time period is fixed, the profit is distributed in the ratio of capital 1 : 2
Profit of A = (1/3) * 33,000 = Rs. 11,000
Salary of A = Rs. (15000 – 11000) = Rs. 4000

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    Discussion

  • Madhu   -Posted on 27 Feb 17
    Nice

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