Question

A and B are partner in a business .A contribution RS 20000 and B rs 30000 a however acts as a manager the understanding being that of the profit should get 25% for his service as manager the remaining divided in the ratio of their contribution .If B ges Rs 1350 Ashish share what would A get

Answer 1

Rs 1,650

Explanation:

The given contribution are;

A contributes Rs 20,000, and B contributes Rs 30,000

The percentage of the profit A receives as manager = 25%

The amount of the profit divided in the ratio of their contribution = The remaining profit (75%)

The amount B gets = Rs1,350

The amount A gets = required

The ratio of their contribution at which the remaining profit is shared = 20,000:30,000 = 2:3

Where, out of 5 parts of 75% of the profits, B gets 3, while A gets 2

Let P represent the profit, we have;

B's share = 3/5× 0.75 × P = 1,350

∴ P = (5 × 1,350/3)/0.75 = 3,000

A gets 25% of the profits and 2/5 of the 75% remaining profit

∴ The amount A gets = 0.25×3000 + (2/5)×0.75×3000 = 1,650

Or simply put;

A gets the remainder of the profit which is Rs 3,000 - Rs 1,350 = Rs 1,650