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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 in profit is Rs. 8,550, then total profit is
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- Rs. 15,760
- Rs.15,735
- Rs. 14,250
- Rs. 15,000
Correct Option: D
Let total profit be Rs. p.
Remaining profit after donations to charity = Rs. | 100 |
Remaining profit after donations to charity = Rs. | 20 |
A : B = 3 : 2
Sum of the terms of the ratio = 3 + 2 = 5
∴ A’s share = | × | 20 | 5 |
∴ | = 8550 | 100 |
⇒ p = | = Rs. 15000 | 19 × 3 |