Question

Searches related to X and y are partners in 7:3 ratio . x is to get salaries rupees 7500 p.m which was increased by 40% from January 2014 .Y gets commission @ 2% on sales are $ 2500000 plus 10% on net profit after all appropriation including his 2% commission but before creating general reserve .General reserve is created @ 20% on net distributable profits.Y is to get bonus @ 10% on the profits which exceeds $ 375000. The profits for the year ended 31.3 .13 $1000000 .Prepare profit and loss appropriation account

Answer 1

Answer:

$222.. { \frac{ {22..}^{2} }{?} }^{2}$

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