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A and B invested Rs. 1.5 lakh and Rs. 1 lakh respectively in a firm. If the profit after 1 year is Rs. 24,000, find the share of A.1. Rs. 12,3602. Rs. 14,4003. Rs. 96004. Rs. 15,480 |
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Answer» Correct Answer - Option 2 : Rs. 14,400 Given: Investment of A = Rs. 1.5 lakh Investment of B = Rs. 1 lakh Total profit after 1 year = Rs. 24,000 Concept used: Share of profit is directly proportional to the amount of investment multiplied by time of investment Calculation: Total investment of A and B = Rs. (1.5 + 1) lakh ⇒ Rs. 2.5 lakh Share of A = Rs. (1.5/2.5) × 24,000 ⇒ Rs. 14,400 ∴ The share of A is Rs. 14,400 |
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