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Partnership

Q1: 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

ANS:B - Rs. 1500

Let the total profit be Rs. 100.

After paying to charity, A's share = Rs. 95 x 3 = Rs. 57.
5
If A's share is Rs. 57, total profit = Rs. 100.
If A's share Rs. 855, total profit = 100 x 855 = 1500.
57



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