Mohit starts a business with Rs. 8,500 and after 12 months Nishant joins Mohit as his partner. After 3 years the profit is divided in the ratio of 15 : 12. What is Nishantâ€™s contribution in the capital?

1:

Rs. 10400

2:

Rs. 7250

3:

Rs. 7630

4:

Rs. 11480

5:

Rs. 10200

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RBI Assistant Prelims 2016

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