A and B invest in a business in the ratio 5 : 7 . They reinvest 20% of the profit in their business and distribute the remaining profit among themselves. If A got the profit of Rs.3400/-, then find their total profit?
Answer & explanation
Correct answer: option 3
A : B
Profit : 5 : 7 = 12R
Here,
12R is 80% of the total profit.
A's profit = \(\frac{5}{12}\) x \(\frac{80 }{100}\) x Total Profit = 3400
⇒ \(\frac{1}{3}\) x Total Profit = 3400
⇒ Total Profit = 10,200