Question:
Akhilesh and Javed started a business by investing 50,000 and 60,000 respectively. Akhilesh being an active partner receives 12.5% of the profit in addition to his share of profit. How much Akhilesh gets out of a profit of 8800?
Akhilesh and Javed started a business by investing 50,000 and 60,000 respectively. Akhilesh being an active partner receives 12.5% of the profit in addition to his share of profit. How much Akhilesh gets out of a profit of 8800?
Updated On: Aug 20, 2024
- ₹ 4,600
- ₹ 4,500
- ₹ 4,000
- ₹ 5,100
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The Correct Option is A
Solution and Explanation
The correct option is (A): ₹ 4,600.
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