P and Q enter into a business by investing their capitals Rs 1200 and Rs 1600. Q being an active partner gets
10% of total profit as his salary and rest salary divided in the ratio of their investment. If profit share of P is Rs 540
then find total profit of the business.
a) Rs.1,000 b) Rs.1,200 c) Rs.1,680 d) Rs.1,400 e) Rs.2,400
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Step-by-step explanation:
A : B : C => 12x24 : 16x24 : 15x16
A : B : C => 6 : 8 : 5
C's share = 5/19 x 45,600
= RS. 12,000
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