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Three friends took loans off 6000, < 8000 and 5000 respectively from a co-operative bankon the condition that they would not have to pay interest, if they would repay their loan withintwo years. They invested the money to purchase 4 cycle rickshaws. After two years they madeaprofit of 30400 excluding all the expenses. They divide the profit among themselves in theratio of their capitals and paid back their individual loan amount to the bank. Let us write bycalculating the amount of their individual share and the ratio of their shares. |
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Answer» MARK IT AS BRAINLIST Step-by-step EXPLANATION: IF IT CORRECT |
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