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    Question

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

    5000. After 2 months ‘N’ joins the business with an investment of Rs. 2950. If the total profit earned by them together at the end of the year is Rs. 5370, then find the annual profit share of ‘N’?
    A Rs. 1700 Correct Answer Incorrect Answer
    B Rs. 1660 Correct Answer Incorrect Answer
    C Rs. 1770 Correct Answer Incorrect Answer
    D Rs. 1670 Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘M’ and ‘N’ = (5000 × 12):(2950 × 10) = 120:59 Profit share of ‘B’ = (59/179) × 5370 = Rs. 1770

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