Two partners Prasad and Pavan, being managing and sleeping partners started a business with Rs.60,000 and Rs.75,000 respectively. Out of total profit, 28% was agreed to give Prasad for managing the business and the remaining was shared in the ratio of their capitals. Find the total profit if Prasad got 12,000 more profit than Pavan at the end of the year?
Question
PARTNERSHIP :
Two partners Prasad and Pavan, being managing and sleeping partners started a business with Rs.60,000 and Rs.75,000 respectively. Out of total profit, 28% was agreed to give Prasad for managing the business and the remaining was shared in the ratio of their capitals. Find the total profit if Prasad got 12,000 more profit than Pavan at the end of the year?
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Aptitude