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     EduGorilla 
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    A and B contribute Rs. 20000 and Rs. 25000, respectively as capital. B devotes all his time to the firm but A does not give sufficient time to the business. In the absence of an agreement, how do they share profits and losses?

    Options :-

    1. In the ratio of capital
    2. Equally after allowing interest at 6% p.a. on capital
    3. Equally
    4. In profit sharing ratio
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Reply To: A and B contribute Rs. 20000 and Rs. 25000, respectively as capital. B devotes all his time to the f….
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