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Posted By: Sridharan Member Level: Silver Posted Date: 17 Jun 2008 Category: Arithmetic Reasoning

A starts a business with Rs.50,000. B joins A with no capital but on the condition that after the profit is divided equally, B should pay 20% interest on the capital and A should give Rs.100 to B as B will maintain business transactions. If B's income is one-third of A's income, yearly profit is _________ ?

Select Answer:

Rs.28,500
Rs.19,800
Rs.29,700
Rs.39,600

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