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    Question

    "Anurag" initiated a business with an initial investment

    of Rs. 1600. After 5 months, "Bittu" joined the venture by investing Rs. 1920. If the total profit accumulated after 2 years amounts to Rs. 31200, determine "Anurag's" share of the profit.
    A Rs.16250 Correct Answer Incorrect Answer
    B Rs.16500 Correct Answer Incorrect Answer
    C Rs.16000 Correct Answer Incorrect Answer
    D Rs.10000 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit share of ‘Anurag’ to ‘Bittu’, respectively  = [1600 × 24]:[1920 × 19]  = 20:19 Profit share of ‘A’ = 20/39 × 31200 = Rs.16000

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