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Question 118
Profit earned by organisation is distributed among officers and clerks in the ratio of 5:3 If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is rs 25,000 what was the total amount of profit earned ?
Solution
The total amount distributed among officers = 45*25000= 11,25,000
If the total amount is x, then this amount is (5/8)x=11,25,000
Hence, x=18,00,000
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