TS ICET 24 May 2019 Shift 1 Paper

Question : 94 of 200

Marks: +1, -0

A and B started a business with capitals of Rs. 12 lakhs and Rs. 24 lakhs respectively. A receives a monthly salary for running the business. At the end of the year they receive Rs. 1,80,000 each. What was the monthly salary of A (in Rs.)?

6000
7500
9000
10500

Validate

Solution:

Ratio of the capitals of A and B = 12 : 24 i.e., 1 : 2.
As each of them received `1,80,000, total profit is ₹3,60,000.
Let x be the salary of A per annum
Total share of A

=1/3×(3,60,000-x)+x

i.e.,

1,80,000⇒x = 90,000

Hence his monthly salary

={90,000}/12

i,e., ₹7,500

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