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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. 3:2, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between ‘A’ and ‘B’ = 0.80 × 100x = Rs. 80x Profit received by ‘A’ = 80x × (3/5) = Rs. 48x According to the question, 48x = 1824 Or, x = 38 Therefore, total profit received by ‘A’ and ‘B’ = 100x = Rs. 3800
Marked price of an article is Rs.320 more than its cost price. If profit earned is equal to the discount given then find the profit earned?