A working partner gets 20% as his commission of the profit after his commission is paid. If the working partner's commission is Rs. 8000, then what is the total profit in the business ?

1Rs. 47000
2Rs. 45000
3Rs. 48000
4None of these

Answer:- 1

Explanation:-

Solution:

Let the total profit = Rs. k
According to the question,
Remaining profit after paying 20% working
Partner's commission = (k - 8000)

\begin{aligned} ∴ (k - 8000) \times \frac{20}{100} = 8000 \\ \Leftrightarrow k = 48000 \\ ∴ Total profit = Rs . 48000 \end{aligned}

$\eqalign{ & \therefore \,\left( {k - 8000} \right) \times \frac{{20}}{{100}} = 8000 \cr & \Leftrightarrow k = 48000 \cr & \therefore {\text{ Total profit}} = {\text{Rs}}{\text{. 48000}} \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

Let the total profit = Rs. k
According to the question,
Remaining profit after paying 20% working
Partner's commission = (k - 8000)

\begin{aligned} ∴ (k - 8000) \times \frac{20}{100} = 8000 \\ \Leftrightarrow k = 48000 \\ ∴ Total profit = Rs . 48000 \end{aligned}

$\eqalign{ & \therefore \,\left( {k - 8000} \right) \times \frac{{20}}{{100}} = 8000 \cr & \Leftrightarrow k = 48000 \cr & \therefore {\text{ Total profit}} = {\text{Rs}}{\text{. 48000}} \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }