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The annul profits of a transport business were divided between the partners A and B…

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