GAT Subject
Engineering
Computer Science Civil Engineering Chemical Engineering Agricultural Engineering Mechanical Engineering Electronics and Communication
16. | A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of Find the total profit for the year? | |
A. | 53000 | |
B. | 58000 | |
C. | 50000 | |
D. | 59000 | |