A working partner gets his commission as 10% for being an active partner. This commission was given after donating Rs.2000 to the trust and he received Rs.7000 as his commission. Find the total profit earned by him.
Answer & explanation
Correct answer: option 2
10 % = \(\frac{1}{10}\)
if → 1R = 7000
then → 10R = 10 × 7000 = 70000
Total profits = 70000 + 2000 = 72,000