engineering recuitment UPCL AE (E&M) 2021 Mock Test Quantitative Aptitude Profit and Loss Partnership
Joe Biden and Jeff Bezos are two partnership in a business. Joe is an active partner while Joff is a sleeping one. Joe invest $ 5000 and Jeff invest $ 6000. Joe receives 25/2 percent of the profit for managing the business and the rest is divided in proportion to their investment. What does each get out of a profit of $ 880?
1
$ 460; $ 420
2
$ 450; $ 430
3
$ 370; $ 510
4
$ 390; $ 490