A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At the
end of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary and
profit, then what is his salary?

Related MCQs

• Aman got a salary of Rs. 8600. The salary was invested by him in two parts. Find the difference between the two parts of his salary, if in first part he got some simple interest at 15% per annum in 4 years, which was same as the second part which he invested at 20% for 3 years.
• Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?
• A TV can be bought for Rs. 20000 cash or by paying in four equal monthly installments with an initial down payment of Rs. 4000. If the rate of interest for this facility is 8% per annum, then what would be the installment charged for each month?
• Chaman sells 40 fans at 10% profit. He wants a total of 20% profit on the entire sale. Since he got 160 fans at rate of Rs. 100 each, at what profit must he sell the remaining fans?
• Rohit got profit of 11½% by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
• A’s salary is 50% more than B’s. How much percent is B’s salary less than A’s?
• A trader has 200 kg of sugar, out of which he sells some with 10% profit and the rest with 25% profit. He gains 15% on the whole. Find the quantity of sugar sold at 25% profit?
• Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%.
• Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?
• Suresh for 2 years invested Rs. 500 in SBI. He also invested Rs. 300 in ICICI for 4 years. At the end he received Rs. 220 from both banks as simple interest. What must have been rate of interest?