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 IBPS RRB - Office Assistant/ Clerical Exam Preparation

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Quantitative Aptitude(IBPS RRB CL)

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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. 1537.50

    Incorrect Answer

    Rs. 1576

    Incorrect Answer
    Explanation:

    Let the total profit be Rs. 100.
    After paying to charity, A's share  = (95*3/5) = Rs. 57.
    If A's share is Rs. 57, total profit = Rs. 100.
    If A's share is Rs. 855, total profit  = (100/57*855) = 1500.


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