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Firm earns ₹60,000 before a partner's ₹50,000 loan (default rate, a year). Two equal partners: each gets?

A₹30,000
B₹27,000
C₹28,500
D₹31,500
Answer & Solution
Correct answer: C. ₹28,500
Loan interest of 3,000 is deducted first, leaving 57,000 to be halved into 28,500 each.
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