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7.Profit and Loss
medium
Profit earned by an organization is distributed among officers and clerks 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? (in $Rs.$.......$lakhs$)
A
$Rs.\,22$
B
$Rs.\,18.25$
C
$Rs.\,18$
D
$Rs.\,23.25$
Solution
Amount received by all the officers $=45 \times 25000=11,25,000$
Amount received by each clerk $=\frac{3}{5} \times 25000=15000$ Amount received by all the clerks
$=80 \times 15000=12,00,000$
Total amount of profit earned $=11,25,000+12,00,000$
$=23.25$ Lakhs.
Standard 13
Quantitative Aptitude