Question

A, B and c are partners sharing profits and losses in the ratio 2:2:1. A is entitled
to a commission of 10% on the net profit before charging such commission
whereas B is entitled to a commission of 10% on the net profit after charging all
commission. The net profit before charging commission is 1,70,000. Find out
the commission payable to both A and B.​

Answer 1

Answer:

A is entitled

to a commission of 10% on the net profit before charging such commission

whereas B is entitled to a commission of 10% on the net profit after charging all

commission. The net profit before charging commission is 1,70,000