A and B invest in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is ₹ 4,275 after the donation, what is the total profit?
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A₹ 8,000
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B₹ 7,700
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C₹ 7,500
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D₹ 6,500
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E₹ 7,200
Answer
Correct Answer: ₹ 7,500
Explanation
Introduction / Context: This is the same structure as earlier: remove charity first, then divide the remainder using the investment ratio, equating A's portion to the given value.
Given Data / Assumptions:
- A : B = 3 : 2.
- Charity = 5% of total profit P.
- A's share after donation = ₹ 4,275.
Concept / Approach: A's portion = (3/5) * 0.95 * P = 0.57P. Set equal to 4,275 and solve for P.
Step-by-Step Solution: 0.57P = 4,275 ⇒ P = 4,275 / 0.57 = ₹ 7,500. Charity = 5% of 7,500 = ₹ 375; distributable = ₹ 7,125. A's share = 3/5 of 7,125 = ₹ 4,275 (checks).
Verification / Alternative check: B's share = 2/5 of 7,125 = ₹ 2,850; total after charity = 4,275 + 2,850 = 7,125; adding charity returns ₹ 7,500.
Why Other Options Are Wrong: They do not produce A's post-charity amount of ₹ 4,275 under the 3 : 2 split.
Common Pitfalls: Taking 3/5 of P directly or forgetting to subtract charity before splitting.
Final Answer: ₹ 7,500