A and B purchased a piece of land for Rs. 60,000 and sold it for Rs. 90,000. A had contributed Rs. 4….

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A and B purchased a piece of land for Rs. 60,000 and sold it for Rs. 90,000. A had contributed Rs. 40,000, whereas B had contributed Rs. 20,000. The profit on venture will be

Options :-

1. Rs. 30,000
2. Rs. 20,000
3. Rs. 60,000
4. Nil

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