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    Question

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

    4000. After 4 months ‘N’ joins the business with an investment of Rs. 2850. If the total profit earned by them together at the end of the year is Rs. 9440, then find the annual profit share of ‘N’?
    A Rs. 3000 Correct Answer Incorrect Answer
    B Rs. 3050 Correct Answer Incorrect Answer
    C Rs. 3040 Correct Answer Incorrect Answer
    D Rs. 3240 Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘M’ and ‘N’ = (4000 × 12):(2850 × 4) = 40:19 Profit share of ‘B’ = (19/59) × 9440 = Rs. 3040

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