Exams › SSC CGL (Prelims) › General

M and N start a business with capitals in the ratio 2 : 7. The venture earns a profit of Rs 81,000. As the working partner, M is paid an extra 15% of the profit before the rest is divided in the capital ratio. Find M's total share.

1. Rs 24,000
2. Rs 27,450
3. Rs 30,000
4. Rs 33,000

Correct answer: Rs 27,450

Solution

M's bonus is 15% of 81,000 = Rs 12,150. The remaining Rs 68,850 is split 2 : 7, giving M 2/9 = Rs 15,300. Total = 12,150 + 15,300 = Rs 27,450.

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