There are three partners in a firm A, B and C D is admitted into the firm with 1 3 share of profit with a guaranteed profit of Rs 60,000 p a The firm's total profit is Rs 1,50,000 What amount would be given to D as his share of profit by the firm A B C D Rs 40,000 Rs 60,000 Rs 45,000 Rs 50,000 The...

There are three partners in a firm A, B and C. D is admitted into the...

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Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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There are three partners in a firm A, B and C. D is admitted into the...

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Answer b Rs 60000 As gu... View the full answer

Intermediate Microeconomics

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