the investments made by A and B are in the ratio 3:2. if 16.66% of totalbprofit is denoted A and gets 11,400 as his share of profit then what is the amount of total profit?
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Given: the investments made by A and B are in the ratio 3:2 . 16.66% of total profit is donated . A gets 11400
To find : Amount of total Profit
Solution:
Let say Total Profit = 6A
Profit donated = (16.66/100) * 6A = A
Remaining Profit = 6A - A = 5A
Share of A = (3/(3 + 2)) * 5A
=> Share of A = 3A
Share of A = 11400
=> 3A = 11400
=> A = 3800
=> 6A = 22800
Amount of Total Profit = 22800
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