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?


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

Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free


Boost your Prep!

Download App