Two partners invest rs 12500 and rs 8500 respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets rs 240 more than the other, find the total profit made in the business.
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the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets rs 240 more than the other, find the total profit made in the business.
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The profit will be Divided into two equal parts .......
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