A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At the end of the year, the total profit is Rs. 27,000. If A receives Rs. 15,000 as both his salary and profit, then what is his salary?	Choose the correct choice:  A) Rs. 2000  B) Rs. 4000  C) Rs. 6000  D) Rs. 3000  E) None of these
Explanation:   A's capital : B 's capital   20000 : 40000 = 1 : 2   Since, the time period is fixed, the profit is distributed in the ratio of capital 1 : 2   Profit of A = (1/3) * 27,000 = Rs. 9,000   Salary of A = Rs. (15000 – 9000) = Rs. 6000   ANSWER: Rs. 6000
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A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At the end of the year, the total profit is Rs. 27,000. If A receives Rs. 15,000 as both his salary and profit, then what is his salary?