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abhishek raj

· started a discussion

· 1 Months ago

Instead of 60% profit its considered 40% profit distribution

Question:

Two partners invest Rs.1,25,000 and Rs.85,000 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is it be treated as interest on capital. If one partner gets Rs.300 more than the other, find the total profit made in the business.

Options:
A)

Rs.3793.50

B)

Rs.3937.50

C)

Rs.3379.50

D)

Rs.3973.50

Solution:

Ans: (b)

  

Manoj Meena

· commented

· 1 Months ago

60% IS OUT BECOZ IT IS DEVIDED EQUALLY
REMAINED 40%. THAT WILL COME INTO PLAY

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