A and B invested money in a business in the ratio of 2 : 3. If 10% of the total profit goes to charity and A’s share in the profit is ₹4,500, then what is the total profit?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹12,500.
Charity = 10% of x = 0.10x
Remaining profit = 0.9x
A's share = × 0.90x = × 0.90x = 0.36x
⇒ 0.36x = 4500
⇒ x = 12,500