(5) Rima. Rina and Riva are partners sharing
profits and losses in the ratio of 2.5: 3.5: 4.5.
Manager is to be paid a commission at 10 %
on the profit after charging such commission,
Rina received 14,000 as share from profit.
Calculate manager's commission. Also find
out profit before managers' commission.
Answers
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Explanation:
We want manager commission then we do 14000/3.5×10.5
then we went before commission so we take profit sharing amount 42000/100×110
then commission so 42000×10/100 so answer is right,❣️
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