Practice mode Partnership

A and B invest Rs. 70,000 and Rs. 50,000. A, the working partner, draws a salary of Rs. 1,500 per month, and the remaining profit is shared in the capital ratio. Out of an annual profit of Rs. 66,000, how much does A receive?

Correct answer A. Rs. 46,000

Explanation

Salary = 1,500 × 12 = Rs. 18,000. Remaining 48,000 is split 7 : 5, so A gets 28,000. A's total = 18,000 + 28,000 = Rs. 46,000.

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