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, total profit is?

Rs. 1576
Rs. 1537.50
Rs. 1500
Rs. 1425

Correct Answer: Rs. 1500

Explanation:

Let the total profit be Rs. 100
After paying to Charity,
A's share = Rs. 95 x (3/5) = Rs. 57
If A's share is Rs. 57, then total profit = Rs. 100
If A's share is Rs. 855, then total profit = Rs. 855 x (100/51) = Rs. 1500

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