Practice mode Partnership

B, a working partner, takes 20% of the profit as salary, and the rest is shared between A and B in their capital ratio 3 : 5. If B receives Rs. 9,000 more than A, what is the total profit?

Correct answer A. Rs. 22,500

Explanation

A gets 0.8P × 3/8 = 0.3P and B gets 0.2P + 0.8P × 5/8 = 0.7P. The difference 0.4P = 9,000, so P = Rs. 22,500.

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