A and B invest in a business in ratio 3: If 5% of the total profit goes to charity and A’s share is Tk. 855, the total profit is:

A    Tk. 1425

B    Tk. 1537.50

C    Tk. 1500

D    Tk. 1576

Solution

Correct Answer: Option C

 

Let, the total profit be 100 Taka After paying to charity, A's share    = (95 X 3/5) Taka =57 Taka If A's share is  57 Taka, total profit = 100 Taka  If A's share is  855 taka ,then  total profit  =  (100/57) X 855 = 1500.

 

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