1.

Abid and Arjun decided to quit their jobs and set up a new business. Abid invested his savings worth Rs 10 lakhs in the business which could have earned him interest at the rate of 10% per annum. Abid was earning Rs 5 lakhs/year and Arjun was earning Rs 6 lakhs/year on their jobs. Which of the following is correct?

Answer»

Abid and Arjun decided to quit their jobs and set up a new business. Abid invested his savings worth Rs 10 lakhs in the business which could have earned him interest at the rate of 10% per annum. Abid was earning Rs 5 lakhs/year and Arjun was earning Rs 6 lakhs/year on their jobs. Which of the following is correct?




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