A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

A.
Rs. 1425
B.
Rs. 1500
C.
Rs. 1537.50
D.
Rs. 1576

Correct Answer : B

Realated Questions

A and B started a business with initial investments in the ratio 14 : 15 and their annual profits were in the ratio 7 : 6. If A invested the money for 10 months, for how many months did B invest his money?
A and B are partners in a business. A contributes 1/4 of the capital for 15 months and B received 2/3 of the profit. For, how long B’s money was used?
In an election between two candidates, one got 55% of the total valid votes, 20% of the votes were invalid. If the total number of votes was 7500, the number of valid that the other candidate got, was: