p q r are partners in a firm. net profit before appropriation is 787000. total interest on capital and salary amounted to partners amounted 40000 and 75000 respectively. p and q are entitled to commission of 6% each on net profit after taking into consideration interest on capital salaries and all commission .calculate commission payable to p and q
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Answered by
15
Answer: 36,000 each
Explanation:
Net profit 7,87,000-40,000(interest on capital)-75,000(salary)=6,72,000
6,72,000x12/112=72,000
72,000/2=36,000each
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0
Answer: .
Explanation: ..
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