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
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B
Rs. 1500
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C
Rs. 1537.50
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D
Rs. 1576
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Solution
The correct option is A Rs. 1500 Let the total profit be Rs. 100. After paying to charity, A's share = Rs. (95×35)= Rs. 57. If A's share is Rs. 57, total profit = Rs. 100. If A's share Rs. 855, total profit =(10057×855)=1500.