Mathematics · Partnership
A and B enter into a partnership, with A investing three times as much as B. However, B is the working partner and is entitled to a salary of Rs. 50,000 per month paid from the gross profit, in addition to his share of the profit. If the gross profit at the end of the year is Rs. 30 lakh, what is the total money received by B?
- 1Rs. 6,00,000
- 2Rs. 18,00,000
- 3Rs. 12,00,000✓
- 4Rs. 24,00,000
Correct answer
Rs. 12,00,000
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