Question
'C' and 'D' started a business by investing Rs. 15,000
and Rs. 18,000 respectively. 20% of total profit is given to 'C' for managing the business, and rest of the profit is distributed between them in the ratio of investment. If at the end of a year, total profit received by 'C' is Rs. 6,200, then find the total profit.Solution
Ratio of profit share of 'C' to 'D' = 15000:18000 = 5:6 Let the total profit be Rs. '110p' So, 0.2 X 110p + (5/11) X 0.8 X 110p = 6,200 Or, 22p + (5/11) X 88p = 6,200 Or, 22p + 40p = 6,200 Or, 62p = 6,200 Or, 'p' = 100 Therefore, total profit = 110 X 100 = Rs. 11,000
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