A and B are two partners and they have invested Rs. 54,000 and Rs. 90,000 in...
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A and B are two partners and they have invested Rs. 54,000 and Rs. 90,000 in business. After one year A received Rs 1200 as his share of profit out of total profit of Rs. 4200 including his certain commission on total profit since he is a working partner and rest profit is received by B. What is the commission of A as a percentage of the total profit? A and B are two partners and they have invested Rs. 54,000 and Rs. 90,000 in business. After one year A received Rs 1200 as his share of profit out of total profit of Rs. 4200 including his certain commission on total profit since he is a working partner and rest profit is received by B. What is the commission of A as a percentage of the total profit?
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
Posted Date:
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