Two businessmen A and B invest in a business in the ratio 5 : 8. They decided to reinvest 30% of the profit they earned back into the business. The remaining profit they distributed amongst themselves. If A's share of the profit was Rs 87,500 then how much profit (in Rs) did the business make?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4. i.e. 3,25,000
Let total profit = x
Share of A = Rs.87,500
x = Rs.3,25,000