BANK SIDBI Grade A (General) Phase I Mock Test 2024 Quantitative Aptitude Profit and Loss Partnership
Sujata and Kavita started a parlor into a partnership with investment in the ratio of 4 : 3 respectively. Among them, Kavita is the working partner for which she gets 15% of the total profit and Sujata is the sleeping partner. If at the end of one year they earned a profit of Rs. 50000 out of which 8% goes to the charity. Find the share of Kavita in the profit.
1
Rs. 24,000
2
Rs. 20,000
3
Rs. 14,000
4
Rs. 25,500
5
None of these