Calculate the share of profit of 15000 received by Edgar who is the working partner in a business. Edgar invested 22000 in the business while his partner, Eli invested 34000.A is a working partner and B is a sleeping partner in a business. Edgar receives 12% for managing the business, and the rest is divided in proportion to their capitals.  Choices.
A) 1985.7	B) 5985.7	C) 6785.7	D) 6985.7	E) 5985.7
The amount Edgar gets for managing   = 12% of Rs. 15000 = 1800   Remaining profit = 15000 â€“ 1800 = 13200   This is to be divided in the ratio 22000:34000=22: 34=11:17   Share of Edgar = 11/28 of 13200 = 5185.7   â‡’ Total share of Edgar = 1800 + 5185.7 = 6985.7.   Answer 6985.7
<result>D</result>
Calculate the share of profit of 15000 received by Edgar who is the working partner in a business. Edgar invested 22000 in the business while his partner, Eli invested 34000.A is a working partner and B is a sleeping partner in a business. Edgar receives 12% for managing the business, and the rest is divided in proportion to their capitals.