If two-thirds of A's investment is equal to one-third of B's investment and the total investment in which only these two are involved is Rs.69000, find the investment of B.

Rs.20000

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Rs.23000

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Rs.24000

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Rs.24450

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Rs.26680

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Solution

The correct option is B
Rs.23000

Let the investment of B be x

Investment of A be 2x
Total investment = 3x

3x = 69000

x = 23000

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