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Question

Two persons A and B invested in a business with 115000 and 75000 rupees respectively. They agree that 40% of the profit should be divided equally among them and rest is divided between them according to their investment. If A got 500 rupees more than B, then the total profit is


Your Answer
A
3599.34
Your Answer
B
699.34
Correct Answer
C
3958.34
Your Answer
D
999.34
Your Answer
E
None of these

Solution

The correct option is C 3958.34
Ratio in which the profit will divide - 23:15. Let the profit be P
Now, [(2338)(1538)]×(60100)×P=500
P = 3958.34

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