20 Questions MCQ Test Mock Test Series for CLAT - Test: Quantitative Techniques- 2
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A is working and B is sleeping partner in a firm. A invest Rs 2100 and B invests Rs 3100. A being working partner gets 25% of the profits, and the balance of the profits to be divided in the proportion to their capitals. What did each get out of profit of Rs 1040?
Detailed Solution for Test: Quantitative Techniques- 2 - Question 9
Total profit = 1040.
A's 25% profit = 1040 * 1/4 = 260
Remaining profit = 780
Ratio of investment of A and B = 2100:3100 = 21:31
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