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    Question

    ‘M’ started a business with an investment of Rs.

    2900. After 2 months ‘N’ joins the business with an investment of Rs. 2400. If the total profit earned by them together at the end of the year is Rs. 8330, then find the annual profit share of ‘N’?
    A Rs. 3200 Correct Answer Incorrect Answer
    B Rs. 3300 Correct Answer Incorrect Answer
    C Rs. 3500 Correct Answer Incorrect Answer
    D Rs. 3400 Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘M’ and ‘N’ = (2900 × 12):(2400 × 10) = 29:20 Profit share of ‘B’ = (20/49) × 8330 = Rs. 3400

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