If 5% of the total profit goes to charity and A’s share in profit is Rs.8,550 :

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 in profit is Rs.8,550. Then total profit is

  1. Rs.15,735
  2. Rs.14,250
  3. Rs.15,000
  4. Rs.15,760
Anurag Mishra Professor Asked on 29th December 2015 in Maths.
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  • 1 Answer(s)

    Answer is Rs.15,000

    Explanation:-
    A and B invest in a business in the ratio n= 3: 2 

    A share’s in profit = Rs. 8, 550
    Then, total profit of A and B without charity = 8, 550 x (3 + 2)/3
     = 2, 850 x 5
     = 14, 250

    If 5% of the total profit goes to charity, 
    Then, the total profit = 14, 250 x 100/95
     = Rs. 15, 000

    Hence, the correct answer is option (3) Rs. 15, 000. 

    Monis Rasool Professor Answered on 29th December 2015.
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