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
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Let}}\,{\text{the}}\,{\text{total}}\,{\text{profit}}\,{\text{be}}\,{\text{Rs}}{\text{.}}\,{\text{100}} \cr & {\text{After}}\,{\text{paying}}\,{\text{to}}\,{\text{charity,}}\,{\text{A's}}\,{\text{share}} \cr & = Rs.\,\left( {95 \times \frac{3}{5}} \right) = Rs.\,57 \cr & {\text{If}}\,{\text{A's}}\,{\text{share}}\,{\text{is}}\,Rs.\,57, \cr & {\text{Total}}\,{\text{profit}} = Rs.\,100 \cr & {\text{If}}\,{\text{A's}}\,{\text{share}}\,Rs.\,855, \cr & {\text{Total}}\,{\text{profit}} \cr & = {\frac{{100}}{{57}} \times 855} \cr & = 1500 \cr} $$Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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