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 Rs. 855, the total profit is:
papay dey Answered question 5 days ago
A’s share of the profit is Rs. 855, and the ratio of A’s investment to B’s investment is 3:2.
Let’s denote the total profit as x.
A’s share of the profit is 3/5 of the remaining profit after 5% goes to charity:
855 = (3/5) × (95/100) × x
Simplify the equation:
855 = (3/5) × (0.95) × x
855 = 0.57x
Rearrange the equation:
x = 855 / 0.57
x = 1500
The total profit is Rs. 1500.
papay dey Answered question 5 days ago
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