Question

41) A managers gets 5% commission on net profit before
charging such commission, gross
profit is Rs. 58,000 and expenses of indirect nature other than manager's commission are
Rs. 16,000. Commission amount will be:
(a) Rs. 2,900 (b) Rs. 2,000 (c) Rs. 1.500 (d) Rs. 2.100
42) On 1.4.2019, Raj invested Rs. 1,00,000 in a business. Inerest on capital is to be allowed at
12% per annum. Accounting year is the financial year. Amount of interest to be debited to
Profit and Loss appropriation account for the year 2019-20 is:
(a) Rs. 9,000 (b) Rs. 10,000 or Rs. 12,000 (d) None of the above
43) Cue and Rest are partners sharing pofits and losses in the ratio of 2:1. They are allowed
interest at 10% per annum on capitals. Other information is as follows: Capitals-Cue Rs
20,000, Rest Rs. 8,000. The partnership has made a net profit for the year of Rs. 40,000
How much is Cue's share of the profit?
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Answer 1

Answer:

non je suis à 4 HT un peu de temps en r 4 4 3 3