Question

Sumit gets 5% as a share of the total profit earned by a company in which he is a share folder what is the total profit of the company if his share comes to 5000

Answer 1

The company earns a profit of 100000.

Answer 2

sumit's share = 5% (out of total from the company)
his share in rupees= 5000
.....
so, 5%=5000(as shown)
company's share = 95% as 100-5=95
so direct proportion(let the company's share be x)
5%=5000
95%=x
∴ x= 5000*95/5
∴x=95,000
∴company's share= 95,000