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Two persons A and B invested in a business with 115000and 75000 rupees respectively. They agree that 40% of theprofit should be divided equally among them and rest isdivided between them according to their investment. If Agot 500 rupee more than B, then the total profit is

3599.34
699.34
3958.34
999.34

Correct Answer: 3958.34

Explanation:

Ratio in which the profit will divide – 23:15. Let theprofit be P

Now, [(23/38) - (15/38)] x (60/100) x P = 500

P = 3958.34

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