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For I: Ratio of the profits received by ‘A’, ‘B’ and ‘C’ = (4000 × 12):{(4800 × 6) + (4000 × 6)}:(3200 × 12) = 10:11:8 Therefore, profit share of ‘C’ = 219240 × (8/29) = Rs. 60,480 Therefore, I is true. For II: Ratio of the profits received by ‘A’, ‘B’ and ‘C’ = (4000 × 12):{(4800 × 6) + (3200 × 6)}:(3200 × 12) = 5:5:4 Therefore, profit share of ‘C’ = 219240 × (4/14) = Rs. 62,840 Therefore, II is true. For III: Ratio of the profits received by ‘A’, ‘B’ and ‘C’ = (4000 × 12):{(4800 × 6) + (2400 × 6)}:(3200 × 12) = 10:9:8 Therefore, profit share of ‘C’ = 219240 × (8/27) = Rs. 65,060 Therefore, III is false. Hence, Only I and II follows
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