Question

The contributions made by A and B are in the ratio of 3:2. If 5% of total profit is donated and A gets 8550 as his share of profit, what is the total profit?

A Rs. 17000 Correct Answer Incorrect Answer
B Rs. 15000 Correct Answer Incorrect Answer
C Rs. 17800 Correct Answer Incorrect Answer
D Rs. 15500 Correct Answer Incorrect Answer

Solution

Let the total profit = x
The ratio of contribution by A and B = 3:2
Sum of ratios = 5
Share of A = (3/5) × x = 8550
x= (8550 × 5)/3
Total profit: x= 14250
A gets 8550 after 5 % donated
Now, 95% = 14250
1% = 14250/ 95
And, 100% = (14250/95) × 100 = 15000

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