Question:
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:
[A].Rs. 1425
Rs. 1500
Rs. 1537.50
Rs. 1576
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:
[A].
[B].
[C].
[D].
Answer: Option B
Explanation:
Let the total profit be Rs. 100.
| After paying to charity, A’s share = Rs. | 95 x | 3 | = Rs. 57. | ||
| 5 |
If A’s share is Rs. 57, total profit = Rs. 100.
| If A’s share Rs. 855, total profit = | 100 | x 855 | = 1500. | ||
| 57 |