A is the working partner and B is the sleeping partner. A invests ₹ 12,000 and B invests ₹ 20,000. A receives 10% of the profit as a managing commission, and the remainder is divided in the ratio of their capitals. If the total profit is ₹ 9,600, how much does A receive in total?
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A₹ 3,240
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B₹ 4,200
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C₹ 3,600
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D₹ 4,500
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E₹ 4,000
Answer
Correct Answer: ₹ 4,200
Explanation
Introduction / Context: Mixed distribution rules are common in partnership questions: a fixed percentage to the managing partner first, with the balance divided according to capital ratios. The order matters.
Given Data / Assumptions:
- Total profit = ₹ 9,600.
- Managing commission to A = 10% of total profit.
- Remaining profit split by capital ratio 12,000 : 20,000 = 3 : 5.
Concept / Approach: First take 10% of total for A. Then divide the remainder in 3 : 5, add A's two components to get the total received by A.
Step-by-Step Solution: Commission to A = 10% of 9,600 = ₹ 960. Remainder = 9,600 − 960 = ₹ 8,640. A's share of remainder = 3/8 of 8,640 = ₹ 3,240. Total to A = 960 + 3,240 = ₹ 4,200.
Verification / Alternative check: B's share of the remainder = 5/8 of 8,640 = ₹ 5,400; combined with A's 4,200 gives the full ₹ 9,600.
Why Other Options Are Wrong: ₹ 3,240 and ₹ 3,600 exclude the commission; ₹ 4,500 and ₹ 4,000 misuse the sequence or ratio.
Common Pitfalls: Splitting the entire profit by the ratio first, or applying the 10% on the remainder instead of the total profit.
Final Answer: ₹ 4,200