Sumit gets 5% as his share of the profit earned by a company in which he is a share holder. What is the total profit of the company if his share comes to ₹5000?

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Solution

Let x be the total profit of the company

then 5% of x is Rs 5000 given in the question

ie, x* 5/100 = 5000 ( where * indicates the multiplication sign)
5x = 5000 * 100
x = 500000/5 = 100000 Rs

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Sumit gets 5% as his share of the profit earned by a company in which he is a share holder. What is the total profit of the company if his share comes to ₹5000?

Let x be the total profit of the company then 5% of x is Rs 5000 given in the question ie, x* 5/100 = 5000 ( where * indicates the multiplication sign) 5x = 5000 * 100 x = 500000/5 = 100000 Rs

Let x be the total profit of the company

then 5% of x is Rs 5000 given in the question

ie, x* 5/100 = 5000 ( where * indicates the multiplication sign)
5x = 5000 * 100
x = 500000/5 = 100000 Rs