hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    A and B started a partnership business investing Rs 10,000 and Rs 6400 respectively. After 5 months, A withdrew Rs 3,000 and B added 600 to their inve
    Question

    A and B started a partnership business investing Rs 10,000 and Rs 6400 respectively. After 5 months, A withdrew Rs 3,000 and B added 600 to their investment. Being active partner, B gets 10% of the annual profit as salary. If the profit at the end of one year is 16,000, the share of profit of B will be

    A.

    Rs6,480

    B.

    Rs7,920

    C.

    Rs8,080

    D.

    None of these

    Correct option is C

    To calculate B’s share of profit, we follow these steps:

    Step 1: Compute A’s and B’s Capital Contributions Over Time

    Initially,

    • A invested Rs 10,000
    • B invested Rs 6,400

    After 5 months:

    • A withdrew Rs 3,000, so his new capital became Rs 7,000 for the remaining 7 months.
    • B added Rs 600, so his new capital became Rs 7,000 for the remaining 7 months.

    Step 2: Compute the Total Capital Contribution (Weighted by Time)

    Capital Months Contribution:

    • A: (10,000 × 5) + (7,000 × 7) = 50,000 + 49,000 = 99,000
    • B: (6,400 × 5) + (7,000 × 7) = 32,000 + 49,000 = 81,000

    Step 3: Compute Profit Distribution

    The total profit is Rs 16,000, and B receives 10% of this as salary:

    B’s salary = (10% of 16,000) = Rs 1,600

    The remaining profit for distribution:
    16,000 - 1,600 = Rs 14,400

    A’s share: (99,000 / (99,000 + 81,000)) × 14,400
    = (99,000 / 180,000) × 14,400
    ≈ Rs 7,920

    B’s share: (81,000 / 180,000) × 14,400
    = (81,000 / 180,000) × 14,400
    ≈ Rs 6,480

    Step 4: Compute B’s Total Earnings

    B’s final amount = Salary + Profit Share
    = 1,600 + 6,480 = Rs 8,080

    Final Answer:

    Option C) Rs 8,080

    test-prime-package

    Access ‘Assam Police’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    test-prime-package

    Access ‘Assam Police’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow