A and B invest in a business in the ratio 2 : 5. If 50% of the total profit goes to charity and A's share is Rs 3.6 lakhs, the total profit is Rs __________ lakhs.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2, i.e. 25.2
Ratio of investment = 2 : 5
Ratio of profit = 2 : 5
Let total profit be Rs. x
share of A = 3.6 lakh
x × 50/100 × 2/7 = 3.6
x = 25.2 lakhs