The majority owner of a business received 25% of the profit, with each of 4 partners receiving 25% of the remaining profit. If the majority owner and two of the owners combined to receive $46,875, how much profit did the business make?	Select the correct option: A) $55,000 B) $75,000 C) $95,000 D) $115,000 E) $125,000
Let P be the total profit.   P/4 + 1/2*(3P/4) = P/4 + 3P/8 = 5P/8 = 46875   P = $75,000   The answer is $75,000.
<result>B</result>
The majority owner of a business received 25% of the profit, with each of 4 partners receiving 25% of the remaining profit. If the majority owner and two of the owners combined to receive $46,875, how much profit did the business make?