Question

Lalita and Meru started a business with investments in the ratio 5:8, respectively. After 4 months, Lalita increased her investment by 40%, while Meru decreased her investment by 12.5%. If the total profit at the end of the year was Rs. 20,500, how much profit did Meru receive?

A Rs.22,000
B Rs.10,000
C Rs.11,000
D Rs.24,000
E None of these
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