Multiple choice

A and B together start a business by investing in the ratio of 4:3. If 9% of the total profit goes to charity and A's share is Rs. 1196, find the total profit?

  1. Rs. 2300

  2. Rs. 4435

  3. Rs. 2093

  4. Rs. 2700
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A Correct answer
Explanation

A and B invest in ratio 4:3, so their shares are in ratio 4:3. After 9% goes to charity, 91% remains. A's share = 91% × (4/7) × Total Profit = 1196. So Total Profit = 1196 × 7 / (0.91 × 4) = 1196 × 7 / 3.64 = 2300. Verification: 91% of 2300 = 2093, A's share = (4/7) × 2093 = 1196, B's share = (3/7) × 2093 = 897, charity = 207, and 1196 + 897 + 207 = 2300.

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