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P and Q entered into a partnership with Rs.75000 and Rs.1,25,000 respectively. Q was the sleeping partner. At the end of the year they shared the profit of Rs.2,40,000 in the ratio of 5 : 3. Find the salary drawn by P.
Read Solution (Total 3)
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- if x is salary drawn, then
((3/8)*(240000-x)+x)/ ((5/8)*(240-x)) = 5/3
solving it, we get
x= Rs. 96000 - 12 years agoHelpfull: Yes(8) No(8)
- salary of B will be Rs 96000.
He got total Rs 150000 out of which 96000 was his salary and balance amt was his share from investment. - 12 years agoHelpfull: Yes(3) No(2)
- simple,
salary of p=Rs.(240000*(5/8))=Rs.150000
- 12 years agoHelpfull: Yes(0) No(12)
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