A & B invest in a business in the ratio 3:2

A & 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
(b) Rs. 1500
(c) Rs. 1537.50
(d) Rs. 1576

Anurag Mishra Professor Asked on 8th March 2016 in Reasoning Questions.
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  • 1 Answer(s)

    Answer: (b) Rs. 1500

    Solution:-
    Let the total profits be Rs. 100. 

    If 5% of the total profit goes to charity, 
    Then, A’s share = 95 x 3/5 
     = Rs. 57

    If A’s share is Rs. 57, total profit = Rs. 100
    If A’s share Rs. 855, 
    Then, Total profit = 100 x 855/57
     = 1500

    Hence, the correct answer is option (b) 1500

    Anurag Mishra Professor Answered on 9th March 2016.
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