A and B invested their money in a business in the ratio of 9 : 5. If 10% of the total profit goes for charity and A’s share is Rs.29,840, what is the total profit (in Rs., to the nearest integer)?
Answer & explanation
Correct answer: option 4
A : B = 9 : 5
Total = 9 + 5 = 14
New part of A = \(\frac{9 × 90}{100}\) = 8.1 = 29,840 (Given)
Total profit = 14 = \(\frac{29840}{8.1}\) × 14 = Rs.51,575