Pinkey and Shalini invested some amount of money in the ratio of 3 5 for the same period in the busi...........

Quant (SSC) Profit and loss

Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?

49800

49400

48000

49500

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Explanation:

Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000