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
AnswerD.
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)