The annul profits of a transport business were divided between the partners A and B in the ratio 3 : 5. If B received N3000 more than A, the total profit was
-
A.
N5000 -
B.
N1800 -
C.
N12000 -
D.
N24000 -
E.
N8000
Correct Answer: Option C
Explanation
A : B = 3 : 5
Total ratio = 3 + 5 = 8
Let rept, the total profit, A receives (frac{3x}{8})
(frac{5x}{8}) – (frac{3}{x}) = 3000
(frac{5x}{8}) – (frac{3x}{8}) = 3000
= (frac{2x}{8})
= 3000
2x = 2400
x = 1200
N12,000