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A and B Enter into a Partnership with Respective Capitals

Question 4

Multiple Choice

A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At theend of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary andprofit, then what is his salary?


A) rs. 2000
B) rs. 4000
C) rs. 3500
D) rs. 3000

Correct Answer:

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