A and B started a business with capital in the ratio 3 : 2. They donated 5% of their profit in a charitable trust. A got Rs. 855 as a profit. Find their total profit.
Answer & explanation
Correct answer: option 3
A : B
Profit : 3 : 2 = 5R
Here,
5R is 95% of the total profit.
A's profit = \(\frac{3}{5}\) x \(\frac{95 }{100}\) x Total Profit = 855
⇒ Total Profit = 1500