Each partner receives 10% annual interest on capital, and the remaining profit is shared equally. A invests Rs. 50,000 and B Rs. 30,000. Out of a profit of Rs. 20,000, what does A receive?
Correct answer B. Rs. 11,000
Explanation
Interest: A = 5,000, B = 3,000, total 8,000. Remaining 12,000 is split equally, 6,000 each. A receives 5,000 + 6,000 = Rs. 11,000.
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