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.

Explanation:

Let total profit = x

Paid to charity = 9% of x = 9x \ 100

Balance profit = x – 9x \ 100=91x \ 100

A’s share = 4\(4+3) × 91x\100 = 4\7 × 91x\100

According to the question,

4\7 × 91x\100=1196

x=1196×7×100\4×91=Rs.2300

Hence total profit = Rs.2300