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 in rupees is:
Answer & explanation
Correct answer: option 2
Let the total profit be 100.
After paying to charity, A's share = 95R x \(\frac{3}{5}\)
= 57R
According to question,
57R = Rs. 855
Total profit = 100 x \(\frac{855}{57}\)
= 1500