7.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 :
[A] Rs. 1425
[C] Rs. 1537.50
[B] Rs. 1500
[D] Rs. 1576
Answer : [B]
Explanation :
|
|
| Let the total profit be Rs. 100 |
|
|
| After paying to charity, A’s share = Rs. |
| 95 x | |
| = Rs. 57. |
| |
|
|
| If A’s share is Rs. 57, total profit = Rs. 100. |
|
|
| If A’s share is Rs. 855, total profit = |
| | x 855 |
| =1500. |
| |
Title : Partnership Q7
Description : 7.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 :...
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