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Question

PARTNERSHIP :

 

X and Y started a business where X is working and Y is a sleeping partner. The investments of X&Y are 50000&30000.X receives 20% of the total profit for managing the business & the rest being divided in the proportion of their capitals. Find the share of X out of annual profit of 18000?

  • 9000
  • 54000
  • 12600
  • 14400
  • None of these
Answer- C

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