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 $39,375, how much profit did the business make?  Choose the correct choice from the following choices
A) $54,000
B) $57,000
C) $60,000
D) $63,000
E) $66,000
Let P be the total profit.   P/4 + 1/2*(3P/4) = P/4 + 3P/8 = 5P/8 = $39,375   P = $63,000   The answer is $63,000.
<result>D</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 $39,375, how much profit did the business make?