Please help me in this maths question
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Step-by-step explanation:
per month it makes a profit of Rs 50,000
per year it makes 50,000 X 12 = Rs 6,00,000
when it divides 25% of its profit
6,00,000 / 25 = Rs 24,000
it is equally divided among 15 share holders
24,000 / 15 = Rs 1,600
so each share holder gets Rs 1,600.
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