C Ltd. does not want to take over debtors and creditors of vendor. However, it agreed to
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C Ltd. does not want to take over debtors and creditors of vendor. However, it agreed to collect from debtors and pay to creditors for a commission of 4% on amount collected and 2% on amount paid. The debtors realized ₹1,90,000 only, out of which ₹60,000 was paid to creditors. Calculate the amount of Commission earned and amount payable to vendor.
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