New FLASH SALE Dhamaka - Flat 60% Off on All Courses

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

B Rs. 2000

C Rs. 3200

D Rs. 3000

E None of these

Practice Next

More Partnership Questions

What is the percentage decline in Australia's share of India's total coking coal imports in Q1FY25 compared to the previous fiscal period?
Consider the following statements about the Smart Cities Mission:

The mission is entirely funded by the central government.

Each smart cit...
Union Minister Dr. Jitendra Singh recently launched the ‘InFLiMeN’ initiative to prevent and cure metabolic liver diseases. This initiative was laun...
Which initiative by SEBI aims to enhance the resilience of the mutual fund ecosystem in India?
Which payment system allows for realtime, onetoone remittance of funds?
The Central University of Kerala developed a breakthrough sensor for detecting which substance?
Which country won the title of the FIFA Women's World Cup in 2023?
On whom is the book 'Maha Swaapnikudu' (A Great Visionary) authored by journalist P. Vikram based?
Which ministry launched the myCGHS iOS app?
Which branch of the Indian armed forces has entered into a memorandum with the Indian Oil Corporation Limited to explore hydrogen and fuel cell technolo...

Relevant for Exams:

Syndicate Bank PO Recruitment