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A revaluation gain of Rs 12,000 is shared by A and B in the ratio 3:1. What is A's share?
ARs 9,000
BRs 3,000
CRs 6,000
DRs 4,000
Answer & Solution
Correct answer: A. Rs 9,000
A takes 3/4 of 12,000, which is 9,000, and B takes the remaining 3,000.
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