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 isA 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. 1650
• B. 1500
• C. 1500
• D. 1400

Answer 1

Answer:

B. 1500

Let the total profit be Rs. 100. After paying to charity, A's share = Rs. 95 x 3/5 = Rs. 57. If A's share is Rs. 57, total profit = Rs. 100. If A's share Rs. 855, total profit = 100/57 x 855 = 1500.