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Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?
  • a)
    49800
  • b)
    49400
  • c)
    48000
  • d)
    49500
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Pinkey and Shalini invested some amount of money in the ratio of 3:5 f...
Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400  = 9600
⇒ 1/5 of y = 9600 => y = 48000
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Pinkey and Shalini invested some amount of money in the ratio of 3:5 f...
Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400  = 9600
⇒ 1/5 of y = 9600 => y = 48000
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