New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    ‘A’ and ‘B’ started a business by investing

    certain sum in the ratio 3:5, respectively for 6 years. If 25% of the total profit is donated in an orphanage and A’s share is Rs. 5292, then find the total profit generated from the business.
    A Rs. 17816 Correct Answer Incorrect Answer
    B Rs. 18916 Correct Answer Incorrect Answer
    C Rs. 18816 Correct Answer Incorrect Answer
    D Rs. 18800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Since, ‘A’ and ‘B’ invested their sums for equal period, therefore, ratio of the profit received by ‘A’ and ‘B’ will be equal to the ratio of sum invested by them i.e. 3:5, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between ‘A’ and ‘B’ = 0.75 × 100x = Rs. 75x Profit received by ‘A’ = 75x × (3/8) = Rs. 28.125x According to the question, 28.125x = 5292 => x = 188.16 Therefore, total profit received by ‘A’ and ‘B’ = 100x = Rs. 18816

    Practice Next