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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?
- a)600, 440
- b)575, 465
- c)530, 510
- d)0, 1040
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A is working and B is sleeping partner in a firm. A invest Rs 2100 and...
Total profit = 1040.
A's 25%
Remaining profit = 780.
A's profit = 315 + 260 = 575
B's profit = 465.
A's 25%
Remaining profit = 780.
A's profit = 315 + 260 = 575
B's profit = 465.
Most Upvoted Answer
A is working and B is sleeping partner in a firm. A invest Rs 2100 and...
Given:
- A invests Rs 2100
- B invests Rs 3100
- Profit is Rs 1040
- A gets 25% of the profits
- The remaining profits are divided in proportion to their capitals
Let's calculate the share of profits for each partner step by step:
Step 1: Calculate the individual share of A
A gets 25% of the profits, so A's share = 25/100 * 1040 = Rs 260
Step 2: Calculate the remaining profits after A's share
Remaining profits = Total profit - A's share
Remaining profits = 1040 - 260 = Rs 780
Step 3: Divide the remaining profits in proportion to their capitals
Total capital = A's capital + B's capital
Total capital = 2100 + 3100 = Rs 5200
A's share in the remaining profits = (A's capital / Total capital) * Remaining profits
A's share in the remaining profits = (2100 / 5200) * 780 = Rs 315
B's share in the remaining profits = (B's capital / Total capital) * Remaining profits
B's share in the remaining profits = (3100 / 5200) * 780 = Rs 465
Therefore, the final share of profits for each partner is:
- A: Rs 260 + Rs 315 = Rs 575
- B: Rs 465
Hence, the correct answer is option B) Rs 575 and Rs 465.
- A invests Rs 2100
- B invests Rs 3100
- Profit is Rs 1040
- A gets 25% of the profits
- The remaining profits are divided in proportion to their capitals
Let's calculate the share of profits for each partner step by step:
Step 1: Calculate the individual share of A
A gets 25% of the profits, so A's share = 25/100 * 1040 = Rs 260
Step 2: Calculate the remaining profits after A's share
Remaining profits = Total profit - A's share
Remaining profits = 1040 - 260 = Rs 780
Step 3: Divide the remaining profits in proportion to their capitals
Total capital = A's capital + B's capital
Total capital = 2100 + 3100 = Rs 5200
A's share in the remaining profits = (A's capital / Total capital) * Remaining profits
A's share in the remaining profits = (2100 / 5200) * 780 = Rs 315
B's share in the remaining profits = (B's capital / Total capital) * Remaining profits
B's share in the remaining profits = (3100 / 5200) * 780 = Rs 465
Therefore, the final share of profits for each partner is:
- A: Rs 260 + Rs 315 = Rs 575
- B: Rs 465
Hence, the correct answer is option B) Rs 575 and Rs 465.
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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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer?
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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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about 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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer?.
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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about 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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?a)600, 440b)575, 465c)530, 510d)0, 1040Correct answer is option 'B'. Can you explain this answer?.
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