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Question 168
Profit earned by an organization is distributed among officers and clerks in the ration 5 : 3 respectively. If the number of officers is 45 and the number of clerks 80 and the amount received by each officer is Rs. 25,000/-, what was the total amount of profit earned?
Solution
Let the amount recieved by each clerk be x
$$\frac{45*25000}{80*x} = \frac{5}{3}$$
x = 8437.5
Total profit = (8437.5*80)+(25000*45) = 18 lakh
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