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?Solution
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