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

3599.34

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699.34

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3958.34

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999.34

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None of these

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Solution

The correct option is C 3958.34
Ratio in which the profit will divide - 23:15. Let the profit be P
Now, $[(\frac{23}{38}) - (\frac{15}{38})] \times (\frac{60}{100}) \times P = 500$
P = 3958.34

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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

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

The correct option is C 3958.34
Ratio in which the profit will divide - 23:15. Let the profit be P
Now, $[(\frac{23}{38}) - (\frac{15}{38})] \times (\frac{60}{100}) \times P = 500$
P = 3958.34