Question
lsquo;Arsquo; and lsquo;Brsquo; started a business by
investing certain sum in the ratio 6:5, respectively for 6 years. If 12% of the total profit is donated in an orphanage and Arsquo;s share is Rs. 1632, then find the total profit generated from the business.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. 6:5, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between lsquo;Arsquo; and lsquo;Brsquo; = 0.88 times; 100x = Rs. 88x Profit received by lsquo;Arsquo; = 88x times; (6/11) = Rs. 48x According to the question, 48x = 1632 Or, x = 34 Therefore, total profit received by lsquo;Arsquo; and lsquo;Brsquo; = 100x = Rs. 3400
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