New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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

    Practice Next

    Relevant for Exams: