Question 95

X and Y invested in a business with their capitals respectively in the ratio of 3:2. After deducting 10% of the total profit for taxes if Ys share of profit is Rs. 6.480, then the total profit (in thousandsof Rs.) is

Solution

let the total profit is = x Rs

then after the 10% deducting the taxes the profits is = 0.9x

then the ratio of given profit in between A and B = 3 : 2

then in according to the question

0.9x $$\times$$ $$\frac{2}{5}$$ = 6480

x = 72 $$\times$$250

x = 18000 Rs Answer

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