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Partnership
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:
Rs. 1425
Rs. 1500
Rs. 1537.50
Rs. 1576
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Correct Answer:
Rs. 1500
Explanation:
Let the total profit be Rs. 100.
After paying to charity, A's share = Rs.
❨
95 x
3
❩
= Rs. 57.
5
If A's share is Rs. 57, total profit = Rs. 100.
If A's share Rs. 855, total profit =
❨
100
x 855
❩
= 1500.
57
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