Question

The contributions made by Amit and Bupi are in the ratio of 5:3. If 20% of total profit is donated and Amit gets 5000 as his share of profit, what is the total profit?

A Rs. 10000 Correct Answer Incorrect Answer
B Rs. 15000 Correct Answer Incorrect Answer
C Rs. 20500 Correct Answer Incorrect Answer
D Rs. 15500 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Let the total profit = x
The ratio of contribution by Amit and Bhupi = 5:3
Sum of ratios = 8
Share of Amit = (5/8) × x = 5000
x= (5000 × 8)/5
Total profit: x= 8000
Amit gets 5000 after 20% donated
Now, 80% = 8000
1% = 8000/ 80
And, 100% = (8000/80) × 100 = 10000

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