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Aptitude · Q38

Partnership

Competitive Exams · Aptitude · question 38

Q38

A working partner gets 20% as his commission of the profit after his commission is paid. If the working partner's commission is Rs. 8000, then what is the total profit in the business ?

A.
Rs. 47000
B.
Rs. 45000
C.
Rs. 48000
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
Solution:
Let the total profit = Rs. k
According to the question,
Remaining profit after paying 20% working
Partner's commission = (k - 8000)