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absar hashmi

· started a discussion

· 1 Months ago

it should be 60 percent (Question: 113181.0 )

please approve

Question:

Two partners invested Rs. 125,000 and Rs. 85,000 respectively in a business and agree that 40% of the profit should be divided equally between then and remaining profit is to be treated as interest on capital. If one partner gets Rs. 300 more than the other. The total profit made in the business is:

Options:
A) 3900.50
B) 3937.50
C) 3950.50
D) 3957.50
Solution:
Ans: (b) 

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