Related Question 2
A and B invest Rs. 3000 and Rs. 4000. After 8 months, A withdraws Rs. 1000, and B adds Rs. 1000. Total profit is Rs. 630. What is A’s share?
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A.
Rs. 240
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B.
Rs. 350
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C.
Rs. 340
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D.
Rs. 390
Correct Answer: A
Explanation:
Profit ratio based on time-weighted capital gives A’s share as Rs. 240.