A construction firm is owned by three contractors A, B and C,and it is agreed that their profits will be shared such that A receives 5/8, B received 1/2 and C receives 1/8.At the end of the year,B receives 7,500 more than C. What is the total profit of the company for the year?
(1/2) p - (1/8) p = 7500
(3/8) p = 7500
p = (8/3) 7500