A and B invest in a business in the ratio 8 : 9 . They reinvest 40% of the profit in their business and distribute the remaining profit among themselves. If B got the profit of Rs.2160/-, then find their total profit?
Answer & explanation
Correct answer: option 2
A : B
Profit : 8 : 9 = 17R
Here,
17R is 60% of the total profit.
B's profit = \(\frac{9}{17}\) x \(\frac{60 }{100}\) x Total Profit = 2160
⇒ \(\frac{9× 3}{17×5}\) x Total Profit = 2160
⇒ Total Profit = 6800