A and B started a business after investing Rs. 12,000 and Rs. 14,400 respectively. At the end of the year B gets 12% of the total profit as management fees and the rest amount is distributed between both the partners in the ratio of their investments. If total annual profit is Rs. 7,500, then find the difference between their profits.
A) Rs. 1250
B) Rs. 600
C) Rs. 900
D) Rs. 1500
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A. rupees 1250
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Answer:
D- 1500
Explanation:
A B
12000 : 14400
5 : 6
--------------------------
12percent of total profit =(12/100)*7500 =900
A B
12000 : 14400
5 : 6
--------------------------
3000 : 900+3600
3000 : 4500
diff =4500-3000 =1500
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