Multiple Choice Questions on A and B invest in a business in the ratio 3 2 If 5 of the total profit goes to charity and A 39 s sh........... for SBI(PO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    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

    Incorrect Answer

    Rs. 1500

    Correct Answer

    Rs. 1537.5

    Incorrect Answer

    Rs. 1576

    Incorrect Answer
    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

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