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    Question

    lsquo;Arsquo; and lsquo;Brsquo; started a business by

    investing certain sum in the ratio 1:2, respectively for 7 years. If 16% of the total profit is donated in an orphanage and Arsquo;s share is Rs. 3528, then find the total profit generated from the business.
    A Rs. 12700 Correct Answer Incorrect Answer
    B Rs. 12650 Correct Answer Incorrect Answer
    C Rs. 12600 Correct Answer Incorrect Answer
    D Rs. 12690 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Since, lsquo;Arsquo; and lsquo;Brsquo; invested their sums for equal period, therefore, ratio of the profit received by lsquo;Arsquo; and lsquo;Brsquo; will be equal to the ratio of sum invested by them i.e. 1:2, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between lsquo;Arsquo; and lsquo;Brsquo; = 0.84 times; 100x = Rs. 84x Profit received by lsquo;Arsquo; = 84x times; (1/3) = Rs. 28x According to the question, 28x = 3528 =gt; x = 126 Therefore, total profit received by lsquo;Arsquo; and lsquo;Brsquo; = 100x = Rs. 12600

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