P and Q start a shop with a capital of Rs 1,50,000 and Rs 4,50,000 respectively. After a year, out of the profit of Rs 1,60,000, P gets his share of proit plus some money that is not a part of the profit, as his salary. If P gets a total of RS 70,000, what is the salary (in RS) he received?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 30,000
Explanation:
The ratio of the capital of P and Q = 1,50,000 : 4,50,000 = 1 : 3
The ratio of the profit will also same as the ratio of their capital.
So, the profit = 1 + 3 = 1,60,000
4 = 1,60,000
1 = 40,000
So, the sallery of P = 70,000 - 40,000 = Rs 30,000