Anu is a working partner and Bimla is a sleeping partner in a business. Anu puts in Rs. 5000 and Bimla puts in Rs. 6000. Anu receive 12.5% of the profit for managing the business and the rest is divided in proportion to their capital. What does each get out of a profit of Rs. 880? |
A) Rs. 400 and Rs. 480
B) Rs. 460 and Rs. 420
C) Rs. 450 and Rs. 430
D) Rs. 470 and Rs. 410
E) None of the above
Correct Answer: B
Solution :
According to the question, |
12.5% of profit \[=\frac{12.5}{100}\times 880=\text{Rs}\text{.}\,\,\text{110}\] |
Remaining Rs. 770 is divided in the ratio |
\[=5000:6000=5:6\] |
\[\therefore \]Profit of Anu \[=\frac{5}{11}\times 770+110=\text{Rs}\text{. 460}\] |
and profit of Bimla\[=\frac{6}{11}\times 770=\text{Rs}\text{.}\,\,420\] |
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