Ramesh and Suresh are partners in the ratio of 3: 2. Before profit distribution, 'Ramesh is entitled to 5% commission of the net profit (after charging such commission). Before charging a commission, the firm's profit was 84,000. Suresh's share in profit will be :
(A) 32,000
(B) 48,000
(C) 56,000
(D) 32,800
Answers
Answered by
1
Answer:
328000
Explanation:
profit find it the the nswer come
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Suresh's share in the profit is 31920.
Given: Ramesh and Suresh are partners in the ratio of 3: 2. Before profit distribution, 'Ramesh is entitled to 5% commission of the net profit.
To find: We have to find Suresh's share in profit.
Solution:
Before charging a commission, the firm's profit was 84,000.
Ramesh is entitled to a 5% commission of the net profit.
Thus the commission of Ramesh is
Now the profit is-
Now Suresh's share will be 2/5 of profit.
Thus Suresh's share in the profit is 31920.
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