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Karim invests Rs. 30000 for one year in a shop. How much his partner Raunaq should invest in order that the profit after one year must be in the ratio 2 : 3?

Rs. 20000
Rs. 40000
Rs. 45000
Rs. 18000

Correct Answer: Rs. 45000

Explanation:

∵ 30000/N = 2/3
⇒ 2N = 90000
∴ N = 45000

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