Practice mode Partnership

A, B and C invest Rs. 40,000, Rs. 60,000 and Rs. 80,000. C manages the business and receives 12% of the profit, and the rest is shared by capital. If the profit is Rs. 90,000, what does C get in total?

Correct answer D. Rs. 46,000

Explanation

C's fee = 12% of 90,000 = Rs. 10,800. Capital ratio = 2 : 3 : 4, so C's share of 79,200 = 35,200. Total = Rs. 46,000.

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