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 is tk 855, the total profit is:

A    tk 1500

B    tk 1425

C    tk 1537

D    tk 1576

Solution

Correct Answer: Option A

 

Profit of A = (3*Total Profit * 95%)/(3+2)

=> 855 = 3*Total Profit*0.95/5

=> Total Profit = 1500

 

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