Question

P & Q entered into a joint venture. P purchased 5,000 units of goods at Rs 30 each. Q sold Rs 4,800 units at Rs 50 each. The remaining goods were taken over by Q at a value of Rs 5,000. P is allowed a commission of 2% on purchased and Q is allowed a commission of 1% on sales. Find the share of Q in the profit of joint venture. (a) Rs 46,300 (b) Rs 44,800 (c) Rs 50,000 (d) Rs 45,000

Answer 1

Hello Friend

The answer of u r question is

Option.C

Thank you

Answer 2

Option C can be the answer