JIPMAT 2021 (QA) - A is working, and B a sleeping partner in a business. A puts in Rs.12000 and B Rs. 20000. A receives 10% of the profit for managing, the rest being divided in proportion to their capitals. Out of a total profit of Rs. 9600, the money received by A will be | PYQs + Solutions | AfterBoards
Skip to main contentSkip to question navigationSkip to solution
IPMAT Indore Free Mocks Topic Tests

JIPMAT 2021 (QA) PYQs

View all IPMAT/JIPMAT PYQs →
Collection of AfterBoards IPMAT JIPMAT Past Year Papers with Solutions

JIPMAT 2021

Arithmetic
>
Ratio, Proportion & Variation

Easy

A is working, and B a sleeping partner in a business. A puts in Rs.12000 and B Rs. 20000. A receives 10% of the profit for managing, the rest being divided in proportion to their capitals. Out of a total profit of Rs. 9600, the money received by A will be

Correct Option: 3
Given:\newline- Total profit = ₹96009600\newline- A's capital = ₹1200012000\newline- B's capital = ₹2000020000\newline- A gets 10%10\% of profit for managing\newline- Rest divided in proportion to capital
1) A's managing share = 10%10\% of 96009600 = ₹960960
2) Remaining profit = 9600−9609600 - 960 = ₹86408640
3) Proportion for remaining profit:\newline A : B = 12000:20000=3:512000 : 20000 = 3 : 5
4) A's share from remaining = 38×8640\frac{3}{8} × 8640 = ₹32403240
5) Total money A receives = Managing share + Proportional share\newline = 960+3240960 + 3240 == ₹42004200
Therefore, A will receive ₹42004200.

Related questions:

JIPMAT 2021

Harish divides two sums of money among his four sons Naresh, Vipin, Bhupesh, and Yogesh. The first sum is divided in the ratio 4:3:2:14:3:2:1 and second in the ratio 5:6:7:85:6:7:8. If the second sum is twice the first, then the largest total is received by

JIPMAT 2022

Three years ago, the ratio of ages of Amisha and Namisha was 8:9. Three years from now the ratio will become 11:12. What is the present age of Amisha?

JIPMAT 2022

P, Q, and R invested Rs. 25,000, Rs. 50,000, and Rs. 25,000 respectively to start a business. At the end of two years, they earned a profit of Rs. 48,000. What will be Q's share?

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question