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Raju and Sohan invest in a business in ratio 3:2. If 5% of total profit goes to charity and Raju's share is Rs.1710...

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Raju and Sohan invest in a business in the ratio 3:2. If 5% of the total profit goes to charity and Raju's share is Rs.1710, then what is the total profit.

posted Sep 16, 2016 by anonymous

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1 Answer

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Since investment is in the ratio 3:2 profits are also of the same ratio.
Let total profit be P
Now Raju's profit is described as
(3÷5)×P - (5÷100)×(3÷5)×P = 1710
P = 3000

answer Sep 17, 2016 by Tejas Naik



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