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Question

Quantitative Ability and Data Interpretation Question on Profit and Loss

Profit earned by an organization is distributed among officers and clerks where the individual amount received by them is in the ratio of 5 : 3. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is Rs.25,000, what was the total amount of profit earned ?

A

Rs.22 lakh

B

Rs.18.25 lakh

C

Rs.18 lakh

D

Rs.23.25 lakh

Answer

Rs.23.25 lakh

Explanation

Solution

The correct option is (D) : Rs.23.25 lakh.