Shahid, Zahid entes into partnership RS 12000 and Rs. 15000 respectively. Zahid was also a working partner and got 25% of the profit for his work. What was the total profit, if Shahid got Rs.8000 as his share? (a) Rs.20000 (b) Rs.22000 (c) Rs.21500 (d) Rs.24000
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Zahid and Shahidi share contribution in ratios of 5:3 as15000/9000
total profit was 4000 out of which Shahidi get 10%as management charge ==4000×10/100=400..
left money which is now share
4000-400=3600..
as initially mentioned they share ratio of 5:3
let Shahidi get 2x and Zahid get 5x .then 5x+3x=3600,,
8x=3600,,,,,x=3600/8.
share of Zahid=3600/8×5 =2250
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