Question

A and B invested money in a business in the ratio of 7 ∶ 5. If 15% of the total profit goes for charity, and A's share in the profit is Rs. 5,950, then what is the total profit?

• A. Rs. 12,500
• B. Rs. 12,000
• C. Rs. 10,500
• D. Rs. 11,750

Answer 1

Answer:

B. Rs. 12,000

Given:

A and B invested money in a business in the ratio of 7 ∶  5.

15% of the total profit goes for charity, and A's share in the profit is Rs. 5,950

Calculation:

The total profit of A and B will be $5950\times{12}{7}=Rs10200$

The total profit including charity is $10200\times\frac{100}{85}=Rs12000$

∴ The correct option is 2