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A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?

Correct answer: D. Rs.4200

  • A. Rs.3240
  • B. Rs.3600
  • C. Rs.3800
  • D. Rs.4200

Explanation

A first receives 10% of Rs. 9600, which is Rs. 960. The remaining Rs. 9600 - Rs. 960 = Rs. 8640 is divided in the capital ratio 15000:25000 = 3:5, so A receives Rs. 8640 x 3/8 = Rs. 3240; his total is Rs. 960 + Rs. 3240 = Rs. 4200. Option a is the likely mistake of counting only A's share of the remainder and ignoring the management commission.

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