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Q. A and B enter into partnership with capital contribution of $ 5000 and $ 4000 respectively. After (1 / 6) th of the time A contributes additional $ 2000. Four months after the start B withdraws (1 / 4) th his capital, then C joins the business with a capital investment of $ 5000. At the end of the year the company’s balancesheet shows a profit of $ 2804. Find the share of A in the profit.

  • (A) $ 1402
  • (B) $ 701
  • (C) $ 1420
  • (D) $ 820
  • Correct Answer - Option(A)
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