Question

A and b enter into a partnership with respective capitals of rs. 20,000 and rs. 40,000. At the end of the year, the total profit is rs. 33,000. If a receives rs. 15,000 as both his salary and profit, then what is his salary?

Answer 1

Step-by-step explanation:

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Answer 2

Given:

A enters the partnership with Rs 20,000

B enters the partnership with Rs 40,000

The profit is Rs 33,000

A receives Rs 15,000 as both his salary and profit

To Find:

How much is A's salary

Solution

Find the ratio of their partnership:

A : B = 20,000 : 40,000

A : B = 1 : 2

Find their shares of the profit:

Profit = Rs 33,000

A : B = 1 : 2

Total parts = 1 + 2

Total parts = 3

3 parts = Rs 33 000

1 part = 33 000 ÷ 3

1 part = Rs 11 000

A = 1 part

A = Rs 11 000

B = 2 parts

B = 11 000 x 2

B = Rs 22 000

Find A's salary:

Profit + Salary = Rs 15000

Profit = Rs 11 000

Salary = 15000 - 11000

Salary = Rs 4000

Answer: A's salary is Rs 4000