InvestorQ : A and B invest in a business in the ratio of 3 : 2 if 5% of the total profit goes to Charity and A's share is 855 rupees the total profit is
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ramudu
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2 years ago
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A and B invest in a business in the ratio of 3 : 2 if 5% of the total profit goes to Charity and A's share is 855 rupees the total profit is
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Arti Chavan
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2 years ago
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Let the total profit be ‘X’
Profit after deducting charity shall be ‘X-.5X’
This means distributable profit shall be .95X
A’s share of Profit would be 3/5 of .95 X and B’s share of Profit shall be 2/5 of .95x
Solving the equations, we will get the value of X=1500 (Total Profit)
Distributable Profit = 1500*95% = 1425
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Arti Chavananswered.