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Q: K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L?

A. Rs. 13,204
B. Rs. 14,521
C. Rs. 12,800
D. Rs. 15,000
Answer» D. Rs. 15,000


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