A, B and C enter into partnership in a business. A gets \(\frac{7}{11}\)th of the profit and B and C distributed the remaining profit equally. If C gets Rs.350 less than A, then the total profit is:
Answer & explanation
Correct answer: option 3
Let the total profit = 11 unit
A's profit = \(\frac{7}{11}\) of 11 = 7
Remaining profit = 4 unit
B's profit = 2R
C's profit = 2R
ATQ,
Difference b/w A's and C's profit = 7R - 2R = 5R
5R = 350
1R = 70
Total Profit = 11R = 11 × 70 = 770