A and B purchased a piece of land for ` 30,000 and sold it for `60,000 in 2016. Originally A had contributed `12,000 and B `8,000. The profit on venture will be

A and B purchased a piece of land for ` 30,000 and sold it for `60,000

1.	A and B purchased a piece of land for ` 30,000 and sold it for `60,000 in 2016. Originally A had contributed `12,000 and B `8,000. The profit on venture will be
A.	30,000
B.	20,000
C.	60,000
D.	Nil
Answer» B. 20,000