Question

A and b invest in a business in the ratio 3:7. If 1 percent of the total profit goes to charity and a's share is rs. 29700, then the total profit is

Answer 1

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Answer 2

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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