Accountancy, asked by sarthakshekhar123, 5 months ago

Q2
1
A and B are partners sharing profits and losses in the ratio 2:1. Ganesh was manager who received the salary
2,20,000 per year in addition to a commission of 10% on net profits after charging such commission. Profit
for the year is 5,50,000 before charging salary. Find the total remuneration of Ganesh.

Answers

Answered by shalashritika
7

Answer:

commission to Ganesh = 10% on 5,50,000

= 10/110 * 5,50,000

= RS. 50,000

salary to Ganesh = RS. 2,20,000

total renumeration to Ganesh=50,000 + 2,20,000

= RS. 2,70,000

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