Correct Answer: Rs. 4200
Explanation:
For management A receive = Rs. 960
Balance Amount = Rs. (9600 - 960) = Rs. 86400
Ratio of their investment = 12000 : 20000 = 3 : 5
∴ A's share = Rs. 8640 x (3/8) = Rs. 3240
So, A receive = Rs. (3240 + 960) = Rs. 4200
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