M4maths Previous Puzzles

16 Sep 2016 Total profit

Raju and Sohan invest in a business in the ratio 3:2. If 5% of the total profit goes to charity and Raju's share is Rs.1710, then total profit (in rupees) is

OPtion

1) 1425
2) 1500
3) 1537.50
4) 1576
5) 2150
6) 2500
7) 2850
8) 3000
9) 3150
10)None of these

Solution

Let total profit = Rs.x
Profit to be distributed = 95% of x = 19x/20
=> Raju's share = Rs.(19x/20 * 3/5) = Rs.(57x/100)
57x/100 = 1710
x = 3000

Option 8)

Correct Option: 8 Best Solution (0)