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Question

Profit earned by an organisation is distributed among officers and clerks in the ratio of 5 : 3. If the number of officers is 55 and the number of clerks is 70 and the amount received by each officer is Rs12,000, what was the total amount of profit earned?

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Solution

Total amount received by officers = 12000×55=660,000
So Total amount received by Clerks = 35×660000=396,000

So Total Amount of profit earned =1,056,000

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