Accountancy, asked by gayathricee, 23 hours ago

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​

Answers

Answered by pshubhamangala
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

Answered by needsomehelpwithhw
0

Answer: .

Explanation: ..

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