New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    L and M entered into a partnership by investingRs.

    15,000 and Rs. 10,000 respectively. After 3 months, L withdrew Rs. 3,000, while M invested Rs. 4,000 more. After 3 months more, N joins the business with a capital of Rs. 18,000. After a year, they obtained a profit of Rs. 27,800. By what amount does the profit of M exceeds the share of N?
    A Rs. 2400 Correct Answer Incorrect Answer
    B Rs. 2000 Correct Answer Incorrect Answer
    C Rs. 3200 Correct Answer Incorrect Answer
    D Rs. 3000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

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