Quantitative Aptitude Profit and Loss Partnership

Manmohan and Arun invest in a grocery shop in the ratio 3 ∶ 1. If 4% of the total profit goes to charity and Manmohan's share is Rs. 1080. Find the total profit.

1

Rs. 600

2

Rs. 1500

3

Rs. 1300

4

More than one of the above

5

None of the above

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