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Suraj starts a company investing Rs 12 lakh. After 8 months, Chand joins him investing RS.
15 lakh. At the end of two years, the company realises a profit of Rs 13.2 lakh. How should
it be apportioned?
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Answer:
12*24 =288
15*16 =240=
6:5 ratio
6/11*1320000=720000
5/11*1320000=600000
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