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A and B entered into a joint venture. They opened a joint bank account by contribution Rs.200000 each. The expenses incurred on venture is exactly equal to Rs.2,00,000. Once the work is completed, contract money received by cheque Rs.4,00,000 and in shares Rs.50,000. And in shares Rs.50,000. The shares are sold for Rs.40,000.
1. Rs.2,50,000
2. Rs.2,40,000
3. Rs.4,40,000
4. Rs.4,50,000