Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

A working partner gets his commission as 10% for being an active partner. This commission was given after donating Rs.2000 to the trust and he received Rs.7000 as his commission. Find the total profit earned by him.

Options:

65,000

72,000

68,000

70,000

Correct Answer:

72,000

Explanation:

10 % = \(\frac{1}{10}\)

if → 1R = 7000

then → 10R = 10 × 7000 = 70000

Total profits = 70000 + 2000 = 72,000