Ta br the year ended 31st March, 2014. Ans. Share of Profit : Sharma 1,58,400, Verma 39,600, Sharma's Commission 22,000.) together a commission of 10% of net profit before charging commission. Kalu is entited to a Popal and Kalu share profits equally. Gopal is entitled to a salary of 2,000 per month and and salary. The profits during the year ending March, 31, 2018 were 1,84,000. Distribute th profits between Gopal and Kalu. Ans. Commission to Gopal 14,000, Kalu 6,000, Net Profit 1,20,000. Share of Profit : Goe * 60,000, Kalu 60,000]
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