A b and c are partners in a firm they agree to distribute the profit up to 100000 as 50% 30% and 20%respectively and above it in equal proportion if the divisible profit of the form for the year ended 31st March 2016 was 56,000 256000 distribute the profit
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Answer:
when the profit is 256000 then
total of a=102000
total of b= 83000
total of c= 72000
Explanation:
first we distribute 100000 in the given percentage.
so a= 50000
b= 30000
c= 20000
we distribute the remaining 156000 in three equal parts
a= 52000
b= 52000
c= 52000
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