Home » Aptitude » Partnership

A and B together start a business by investing in the ratio of 4 : 3. If 9% of the total profit goes to charity and A's share is ₹ 1196, find the total profit.

Correct Answer: ₹ 2300

Explanation:

Let total profit = N
Paid to charity = 9% of N = 9N/100
∴ Balance profit = N - (9N/100) = 91N/100
∴ A's share = [4/(4 + 3)] x (91N/100) = (4/7) x (91N/100)
According to the question,
(4/7) x (91N/100) = 1196
∴ N = (1196 x 7 x 100)/(4 x 91) = ₹ 2300
Hence, total profit = ₹ 2300


← Previous Question Next Question→

More Questions from Partnership

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion