Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
A, B and C enter into partnership with a capital contribution of 30 lakhs, 20 lakhs, and 10 lakhs respectively. A and B are working partners while C is a sleeping partner. A and B get 10% and 15% of gross profit respectively as salary for managing the business. If at the year end, C receives ₹3.75 lakhs, as profit, find the share of A?
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
If the total profit is 100%, A and B will get 10% and 15% of the profit as salary, which means the remaining profit is 75%.
After breaking the remaining profit in the ratio 3 : 2 :1 the percent got by A, B and C will be 37.5%, 25%, 12.5%.
Actual amount got by A, B and C will be 47.5%, 40% and 12.5%.
12.5% = 3.75 lakh
1% = 0.3 lakh
47.5% = 14.25 lakh