Question: Anil is an active and Vimal is a sleeping partner in a business. Anil invests Rs. 12000 and Vimal invests Rs. 20000. Anil receives 10% profit for managing, the rest being divided in proportion to their capitals. Out of the total profit of? 9000, the money received by Anil is
Options:
A) Rs. 4500
B) Rs. 4800
C) Rs. 4600
D) Rs. 3937.5
E) None of the above
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Answer:
Correct Answer: D
Solution:
- For management, money received by Anil
= 10% of 9000 = Rs. 900
Balance $ =Rs.(9000-900)=Rs.8100 $
Now, ratio of investments $ =12000:20000=3:5 $
$ \therefore $ Anil’s share $ =Rs.8100\times \frac{3}{(3+5)} $
$ =Rs\text{.}8100\times \frac{3}{8}=Rs.3037.50 $
$ \therefore $ Amount received by Anil $ =Rs.900+Rs.3037.50 $
= Rs. 3937.50