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A firm makes a total profit of Rs. 500000. Out of which 20% is paid as taxes and the rest is divided among the partners A and B in the ratio 5 ∶ 3. Find the respective shares of A and B.1). 150000 and 2500002). 190000 and 2100003). 200000 and 2000004). 250000 and 150000 |
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Answer» TOTAL profit = Rs. 500000 ∴ TAX PAID = 500000 × 20/100 [? 20% paid as tax] = Rs. 100000 ∴ REMAINING profit = Rs. (500000 – 100000) = Rs. 400000 Remaining profit is divided among A and B in the ratio 5 ? 3. Let, Share of A = 5x ∴ Share of B = 3x ∴ 5x + 3x = 400000 ⇒ 8x = 400000 ⇒ x = 50000 ∴ Share of A = 5 × 50000 = Rs. 250000 ∴ Share of B = 3 × 50000 = Rs. 150000 |
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