πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    β€˜A’ and β€˜B’ started a business by investing

    certain sum in the ratio 5:4, respectively for 6 years. If 19% of the total profit is donated in an orphanage and A’s share is Rs. 945, then find the total profit generated from the business.
    A Rs. 2100 Correct Answer Incorrect Answer
    B Rs. 2200 Correct Answer Incorrect Answer
    C Rs. 2300 Correct Answer Incorrect Answer
    D Rs. 2500 Correct Answer Incorrect Answer

    Solution

    Since, β€˜A’ and β€˜B’ invested their sums for equal period, therefore, ratio of the profit received by β€˜A’ and β€˜B’ will be equal to the ratio of sum invested by them i.e. 5:4, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between β€˜A’ and β€˜B’ = 0.81 Γ— 100x = Rs. 81x Profit received by β€˜A’ = 81x Γ— (5/9) = Rs. 45x According to the question, 45x = 945 Or, x = 21 Therefore, total profit received by β€˜A’ and β€˜B’ = 100x = Rs. 2100

    Practice Next

    Relevant for Exams:

    ask-question