ABC are three partners sharing profit and loss in the ratio 2 2 1, B recently obtained MBA degree from Oxford University, accordingly the partner decided to give him a guaranteed profit of Rs 60, 000 Find the share of profit of A if the firm made a net profit of Rs 120, 000 during 2013 14 ABC are ...

As share of profit Rs120000 X 25 Rs48000 Bs share of profit R ...

ABC are three partners sharing profit and loss in the ratio 2 : 2: 1, B...

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Financial Markets and Institutions

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Authors: Jeff Madura

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