Amar Bhanu and sharing her partner in a frame and Bhanu aur to get annual salary of 120000 per annum each as they are fully involved in the business net profit for the year 480000 determine the share of profit to be credited to each partner
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Amar Bhanu and Charu are partners in a firm Amar and Bhanu are to get annual salary
Explanation:
Amar , bhanu and charu are partners in a firm Amar and bhanu are to get annual salary of Rs, 1,20,000 f p.a. each as they are fully involved in the business Net profit for the year is Rs. 4,80,000 . Determine the share of profit to be credited to each partner.
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