Question
Download Solution PDFA and B invested money in a business in the ratio of 7 ∶ 5. If 15% of the total profit goes for charity, and A's share in the profit is Rs. 5,950, then what is the total profit?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A and B invested money in a business in the ratio of 7 ∶ 5.
15% of the total profit goes for charity, and A's share in the profit is Rs. 5,950
Calculation:
The total profit of A and B will be 5950 × 12 / 7 = Rs 10200
The total profit including charity is 10200 × 100/85 = Rs 12000
∴ The correct option is 2
Last updated on Jun 11, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The UPSC Prelims Result 2025 and UPSC IFS Result 2025 has been released @upsc.gov.in
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.
-> Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.
-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline.
-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.
-> Candidates should also use the SSC CGL previous year papers for a good revision.