Q.A and B started a joint business by investing ₹6,200 and ₹10,000 respectively. They agreed that A would receive 20% of the profit for managing the business, and 10% of the remaining profit would be kept aside as savings. The rest of the profit would be divided between A and B in proportion to their capital investments. If the total profit at the end of the year is ₹45,000, how much money will A receive in total?

Capital ratio of A and B = ₹6200 : ₹10000 = 31 : 50 = \(\cfrac{31}{81} : \cfrac{50}{81}\) [Since 31 + 50 = 81] Profit earned by A for managing the business = 20% of ₹45,000 = \(45000 \times \cfrac{20}{100}\) = ₹9000 Remaining amount = ₹45,000 − ₹9000 = ₹36,000 Savings set aside = 10% of ₹36,000 = \(36000 \times \cfrac{10}{100}\) = ₹3600 Amount to be divided in the ratio of capital = ₹36,000 − ₹3600 = ₹32,400 A’s share from this = \(32400 \times \cfrac{31}{81}\) = ₹12,400 Therefore, total amount A receives = ₹9000 + ₹12,400 = ₹21,400
Similar Questions