Question

Goyal and Gokul invest 20,000 and 30,000 respectively and start a business, since goyal manages the business, he gets a salary which is equal to 20% of the balance profit after deducting this salary. If goyal's total earning are 4800 at the end of one year , what is the total profit made by the business

Answer 1

Rs.

2800

A:B

=

45000

:

60000

=

3

:

4

i.e, A should have got

3

7

of the profit.

Since they divide the profit in the ratio

1

:

3

,

A gets only

1

4

of the profit

3

7

−

1

4

=

5

28

i.e.,

5

28

of the profit is Rs.

500.

Therefore, total profit

=

500

×

28

5

=

2800

Answer 2

Step-by-step explanation:

refer the attachment please