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Question

A starts a business with Rs.5000 and B joins the business 5 months later with an investment of Rs.6000. After a year, they earn a profit of Rs.34000. Find the shares of A and B in the profit amount depending on their individual investment.

A
Rs.20000,Rs.14000
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B
Rs.16000,Rs.16000
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C
Rs.14000,Rs.20000
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D
None of these
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Solution

The correct option is B Rs.20000,Rs.14000
Effective price contributed by A=5000×12=60000
Effective price contributed by B=6000×7=42000
Ratio =6000042000=107
Total profit =34000
A gets =34000×1017=Rs.20000
B gets =34000×717=Rs.14000.

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