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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:
Answer & Solution
Correct Answer:
Option
B
$$\eqalign{
& {\text{Let}}\,{\text{the}}\,{\text{total}}\,{\text{profit}}\,{\text{be}}\,{\text{Rs}}{\text{.}}\,{\text{100}} \cr
& {\text{After}}\,{\text{paying}}\,{\text{to}}\,{\text{charity,}}\,{\text{A's}}\,{\text{share}} \cr
& = Rs.\,\left( {95 \times \frac{3}{5}} \right) = Rs.\,57 \cr
& {\text{If}}\,{\text{A's}}\,{\text{share}}\,{\text{is}}\,Rs.\,57, \cr
& {\text{Total}}\,{\text{profit}} = Rs.\,100 \cr
& {\text{If}}\,{\text{A's}}\,{\text{share}}\,Rs.\,855, \cr
& {\text{Total}}\,{\text{profit}} \cr
& = {\frac{{100}}{{57}} \times 855} \cr
& = 1500 \cr} $$
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