Q14) 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
(a) Rs. 1425
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B
(b) Rs. 1500
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C
(c) Rs. 1537.50
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D
(d) Rs. 1576
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Solution
The correct option is B (b) Rs. 1500
Ans:14)(b) Let the total profit be Rs. 100. After paying to charity, A’s share=Rs. 95*3/5= Rs. 57 If A's share is Rs. 57, total profit = Rs. 100. If A’s share Rs.855, total profit 100*855/57= 1500