Banking
Quantitative Aptitude
Partnership
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Partnership
question_answer
A and B started a business in partnership by investing Rs. 10000 and Rs. 4000 respectively, condition of partnership is that B got Rs. 100 per month for management of the business. After paying 5% interest on the capital, annual profit has distributed in the ratio of their investment. Find the share of their profit, if the annual profit is Rs. 4000.