A, B, and C started a business by investing Rs. 55,000, Rs. 65,000, and Rs. 75,000 respectively. A is a working partner and gets 20% of the profit as working allowance and the remaining is distributed in the proportion of their investment. If the money received by C is Rs. 27,000, what is the total profit?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 87750
Let the total profit = x
A is a working partner and gets 20% of the profit as working allowance.
So, a get 0.2x as working allowance.
The remaining 0.8x profit is distributed between them according to the investment.
So ratio of investment of A, ,B, and C = 55000:65000:75000 = 11:13:15
As given c get 27000 from the profit, then
(0.8x) × 15/39 = 27000
⇒ x = 87750