AP ICET 18 Sep 2021 Shift 1 Paper

Question : 165 of 200

Marks: +1, -0

Two partners '

{A}

' and '

{B}

' invest Rs.

1.25

lakhs and Rs.

0.75

lakhs respectively in a business, They agree to share

60 \%

of the annual profit equally and the remaining

40 \%

of the profit as interest for their capital. If 'A' gets Rs. 300 more than '

{B}

', then the total annual profit (in thousands) is

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