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1. A is a active partner and B is a inactive partner in business. A puts in Rs. 5000 and B puts in Rs. 6000. A received 15% of the profit for managing the business and the rest is divided in proportion to their capitals. The amounts received by A out of the profit of Rs. 880 in all is ?
Since A gets 15% of total profit for management
∴ Remaining profit
The remaining profit is being divided in the ratio of their capital
A's share of profit
Total profit received by A
= 340 + 132
= Rs. 472
Solution:
Total profit = Rs. 880Since A gets 15% of total profit for management
∴ Remaining profit
| A | B | ||
| Amount | 5000 | 6000 | |
| Ratio of Capital | 5 | : | 6 |
The remaining profit is being divided in the ratio of their capital
A's share of profit
Total profit received by A
= 340 + 132
= Rs. 472