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

Rs. 9040
Rs. 10,400
Rs. 12,800
Rs. 6350

Correct Answer: Rs. 12,800

Explanation:

16x8 : Px4 = 5:2

P = 12.8 => Rs.12,800

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