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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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

Answer
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Arti Chavan answered.
8 months ago


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