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Practice mode Partnership

A and B invest in the ratio 2 : 3. A, the working partner, first receives 10% of the profit as salary, and the rest is shared in the capital ratio. Out of a profit of Rs. 40,000, how much does A receive in total?

Correct answer A. Rs. 18,400

Explanation

Salary = 10% of 40,000 = Rs. 4,000. Remaining 36,000 × 2/5 = Rs. 14,400. A's total = 4,000 + 14,400 = Rs. 18,400.

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