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    Question

    A and B start a business by investing Rs. 20000 and Rs.

    30000 respectively for the same period. If the total profit earned at the end of the year is Rs. 12500, then what is B's share in the profit?
    A Rs.6650 Correct Answer Incorrect Answer
    B Rs.7500 Correct Answer Incorrect Answer
    C Rs.8520 Correct Answer Incorrect Answer
    D Rs.3350 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Since the investment period is the same, profit ratio = investment ratio A : B = 20000 : 30000 = 2 : 3 Total parts = 2 + 3 = 5 B's share = (3/5) x 12500 = 7500 Hence, the correct answer is Rs. 7500.

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