Goyal and Gokul invest 320,000 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 earnings are 4800 at the end of one year,
what is the total profit made by the business?
(A) 4000
(B) 5200
(C) 9600
(D) 6400
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Answer:
Step-by-step explanation:
goyal = 20 000
gokul = 30 000
let goyal's salary be S
S = 20/100 * (p-S)
5S=P-S
S=P/6
So their Investment is P-P/6= 5P/6
goyal's ratio is 2/5
so, 2/5 * 5P/6= P/3
Given Goyal's salary + his part in investment = 4 800
P/6 + P/3 = 4800
P= 9,600
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