Question

    Partners ‘M’ and ‘N’ invested Rs. 5000 and Rs. 3000

    respectively for 6 months and 10 months. M donated 25% of his profit to an NGO, and his remaining profit was Rs. 2250. Find the combined profit of M and N.
    A 11052 Correct Answer Incorrect Answer
    B 6000 Correct Answer Incorrect Answer
    C 16582 Correct Answer Incorrect Answer
    D 12052 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Profit ratio of M and N = 5000 × 6 : 3000 × 10 = 30000 : 30000 = 1 : 1

    M’s total profit = 2250 / 0.75 = Rs. 3000

    Total profit = 3000 × 2 = Rs. 6000

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