Question: A and B invested in a business in the ratio 5: 2. If 9% of total profit goes to charity and A’s share is Rs. 650, the total profit is
Options:
A) Rs. 1000
B) Rs. 1200
C) Rs. 900
D) Rs. 1500
Show Answer
Answer:
Correct Answer: A
Solution:
- Let total profit be Rs. x,
After charity, remaining profit
$ =x-\frac{x\times 9}{100}=Rs.,\frac{91x}{100} $
Now, A’s share $ =\frac{5}{(5+2)}\times \frac{91x}{100} $
$ \Rightarrow $ $ 650=\frac{5}{7}\times \frac{91x}{100} $
$ \Rightarrow $ $ x=\frac{650\times 7\times 100}{5\times 91}=1000 $
$ \therefore $ $ x=Rs.,1000 $
So, total profit is Rs. 1000.