Correct Answer - Option 2 : Rs. 1,99,980
Given that:
Investment of A and B = 6 : 5
A gets the profit = Rs. 72,720
Formula used
Profit = time × money
Investment ratio is equal to profit ratio
Calculation:
Let the total profit be 100 units
Remaining profit after donated = 100 – (33.33% of 100) =2/3 of total profit
Share of A's profit = Rs. 72,720
⇒ 6x = 72720
⇒ x = 12120
⇒ 11x = 11 × 12120 = 133320
So, profit after donated = Rs. 13320
Total profit = 3/2 × 13320 = 199980
∴ The total profit is Rs. 1,99,980