Allied & ICAR Exam Bank • ALLIED_2383MCQ • 2 Marks
Section 8: General Aptitude
Quantitative Aptitude
Subtopic: Ratios & Percentages
Question Statement:
A is a working partner and B is a sleeping partner. A puts in Rs 12,000 and B puts in Rs 20,000. A receives 10% of the gross profit for managing the business, and the rest is divided in proportion to capitals. Out of a total profit of Rs 9,600, A's total earning is:
Options:
(A) Rs 4,200
(B) Rs 4,500
(C) Rs 3,800
(D) Rs 4,000
Answer Key:
A
Step-by-Step Solution & Explanation
Management fee for A $= 0.10 \times 9600 = 960$. Remaining profit $= 9600 - 960 = 8640$. Capital ratio $= 12:20 = 3:5$. A's share of remaining $= (3/8) \times 8640 = 3240$. Total earning of A $= 960 + 3240 = 4200$ rupees.