Question

A and B invest in a business in the ratio of 3:2. If 5% of the total profit goes to charity and A's share in profit is Rs. 8,550 ,then total profit is what?

Answer 1

A's share in profit=rs. 8550 B's share in profit =8550*2/3=5700rs. Total profit excluding charity=8550+5700=14250rs. Total profit including charity=14250/95*100=15000rs.

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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